African NewsNews

South African retail sales fall 1.6% year on year in March

May 17, 2023 _ JOHANNESBURG (Reuters) – South African retail sales fell 1.6% year on year in March after falling by a revised 0.7% in February, Statistics South Africa figures showed on Wednesday.

On a month-on-month basis, sales decreased 0.7%.

Sales in the three months to the end of March were down 1.0% compared with the same period last year, the statistics agency said.

(Reporting by Nellie Peyton; Editing by Promit Mukherjee)

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