Johannesburg - Motor vehicle sales in nominal terms, being current prices, increased by 1.8% year-on-year in August, Statistics SA said on Thursday.
"Seasonally adjusted motor trade sales decreased by 0.3% in August 2014 compared with July 2014. This followed month-on-month changes of 1.2% in July 2014 and 2.6% in June 2014," Stats SA said.
Seasonally adjusted motor trade sales increased by 3.2% in the three months ended in August 2014, compared with the previous three months.
Motor trade sales increased by 4.1% in the three months that ended in August 2014, compared with the three months that ended in August 2013.
The major contributors to this increase were fuel sales (8.3% and contributing 2.2 percentage points), accessory sales (5.3% and contributing 0.9 of a percentage point), and used vehicle sales (5.1% and contributing 0.9 of a percentage point).
Motor trade sales up by 1,8% y/y in August 2014 #StatsSA http://t.co/1bBU5pIuu8 pic.twitter.com/FUsJs5QMaw
— Stats SA (@StatsSA) October 16, 2014