SA’s retailers enjoyed the largest monthly increase in retail sales since the middle of 2012. On Wednesday, Statistics SA reported a 4% month-on-month climb in sales for November after falling 0.1% in October, while sales increased by a higher than expected 8.2% year on year in November, thanks to Black Friday. Daniel Isaacs, analyst at 36one, gave Business Day TV’s Alishia Seckam more analysis of the data and discussed the sustainability of this trend. OR LISTEN TO THE AUDIO HERE:
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.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.