SA retail sales fall 2.5% year on year in October

South African retail sales fell 2.5% year on year in October after rising by a revised 1.0% in September, Statistics South Africa figures showed on Wednesday.

On a month-on-month basis, sales decreased 1.2%.

Sales in the three months to the end of October were down 0.6% compared with the same period last year, the statistics agency said.

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Year/year % changes

October September August-October
General dealers -5.7 -1.1 -3.4
Food, beverages, tobacco -0.5 2.9 0.8
Pharmaceutical, medical goods -1.5 -0.8 -1.0
Textiles, clothing & footwear 7.0 13.5 10.4
Household furniture & appliances -1.4 0.3 -0.9
Hardware, paint & glass -6.6 -5.1 -5.5
All other retailers -3.7 -1.9 -1.6
Total -2.5 1.0 -0.6

Source: moneyweb.co.za