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
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...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.