Black Friday deals boost November retail sales
Economists caution that the outlook for 2023 is subdued, thanks to persistent load-shedding and high interest rates
18 January 2023 - 15:09
SA retail sales improved on a monthly and an annual basis in November, driven mainly by Black Friday sales, according to data published by Stats SA on Wednesday.
The 0.4% year-on-year increase came despite persistent electricity outages and defied forecasts of a 0.2% contraction by economists surveyed by Thomson Reuters...
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