SA’s retail sales down 1.3% year on year in December

South African retail sales fell 1.3% year on year in December following a revised 4.3% contraction in November, Statistics South Africa said on Wednesday.

On a month-on-month basis sales were down 0.8%, and in the three months to the end of December sales contracted 2.6% compared with the same period last year, the statistics agency.

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Source: moneyweb.co.za