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)
Alwin Marshall-Squire is the Editor-in-Chief of S-Q Publications Inc., overseeing editorial strategy for GTA Weekly, GTA Today, and Vision Newspaper. He leads the publications’ mission to deliver bold, original journalism focused on the people and communities of the Greater Toronto Area, Canada, and the global Caribbean diaspora.
Also writes for GTA Weekly and GTA Today.
