Picture: ISTOCK
Picture: ISTOCK

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.

Daniel Isaacs, analyst at 36one, speaks to Business Day TV about the sustainability of this trend

OR LISTEN TO THE AUDIO HERE:

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