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Johannesburg - Retail sales rose 2.3% year-on-year in September, below market expectations but above the 2.1% expansion for August.
The main contributors to the 2.3% increase were general dealers, contributing 0.8% and retailers in hardware, paint, and glass, contributing 0.5%.
Economists polled by Reuters had forecast retail sales would increase by 2.8% compared with the same month last year.
The highest annual growth rates were recorded for retailers in hardware, paint, and glass (6.1%), retailers in pharmaceuticals and medical goods, cosmetics and toiletries (4.6%), retailers in household furniture, appliances and equipment (3.6%), and all "other" retailers (3.6%).
Seasonally adjusted retail trade sales decreased by 0.8% month-on-month in September 2014, compared with the same period in 2013.
This followed month-on-month changes of 0.5% in August 2014 and 1.2% in July 2014.
Seasonally adjusted retail trade sales increased by 0.9% in the third quarter of 2014 compared with the previous quarter.
Retail trade sales increased by 2.2% in the third quarter of 2014 compared with the third quarter of 2013. The main contributor to this increase was general dealers (2.6% and contributing 1.1%).
The main contributors to the 2.3% increase were general dealers, contributing 0.8% and retailers in hardware, paint, and glass, contributing 0.5%.
Economists polled by Reuters had forecast retail sales would increase by 2.8% compared with the same month last year.
The highest annual growth rates were recorded for retailers in hardware, paint, and glass (6.1%), retailers in pharmaceuticals and medical goods, cosmetics and toiletries (4.6%), retailers in household furniture, appliances and equipment (3.6%), and all "other" retailers (3.6%).
Seasonally adjusted retail trade sales decreased by 0.8% month-on-month in September 2014, compared with the same period in 2013.
This followed month-on-month changes of 0.5% in August 2014 and 1.2% in July 2014.
Seasonally adjusted retail trade sales increased by 0.9% in the third quarter of 2014 compared with the previous quarter.
Retail trade sales increased by 2.2% in the third quarter of 2014 compared with the third quarter of 2013. The main contributor to this increase was general dealers (2.6% and contributing 1.1%).
