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June wholesale trade sales up

Johannesburg - Wholesale trade sales at constant prices for June increased by 3.9% year-on-year (y/y)‚ the slowest y/y rise since July 2011‚ compared with a revised 9.3% (8.7%) y/y gain in May‚ Statistics SA data showed on Thursday.

Wholesale trade sales increased by 9% y/y in nominal terms in June.

Measured in real terms (constant 2000 prices)‚ seasonally adjusted wholesale trade sales decreased by 2.7% in June 2012 compared with May 2012. This followed month-on-month changes of 1.3% in May 2012 and 2.3% in April 2012.

In the first half of 2012‚ real wholesale trade sales increased by 8.6% y/y compared with a 6.2% rise for the whole of 2011.

In the first half of 2012‚ real retail trade sales increased by 5.6% y/y compared with a 6.1% rise for the whole of 2011.

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