Below-expectation increase in retail sales
The 0.2% growth was below expectations of some economists and analysts, who thought it would be closer to 2%
Retail sales increased just 0.2% year on year in September, Statistics SA said on Wednesday.
The figure, which remains at its lowest level since March, came off a revised 1% in August. The retail sector has battled in an economy that is struggling to grow, while consumers have contended with increasing job losses and lower income growth. Consumption accounts for about two thirds of GDP...