Retail sales were better than expected in September as the sector worked to recover from the July unrest and local retailers gear up towards the festive shopping period and Black Friday. 

The rebound in September, when annual retail sales rose 2.1% from the year before against expectations of a more subdued 0.7% rise, is however unlikely to be enough to prevent the sector from weighing on GDP in the third quarter, according to economists. ..

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now