Rate of contraction for retail sales slows in June
But retail activity is still about 10% down from the levels before the pandemic struck, and is likely to return to pre-Covid-19 levels only in the first half of 2021
12 August 2020 - 15:25
The contraction in retail sales persisted during June, though it showed a marked pull back from the record lows recorded in the preceding months under the worst of the national lockdown, figures from Stats SA showed on Wednesday.
Annual retails sales shrank 7.5% in June, when SA relaxed lockdown restrictions to level 3, allowing for more goods and services to be accessed...
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