Publications
Partners
Johannesburg - Wholesale trade sales prices for November grew an impressive 8.1% year-on-year (y/y) from a revised 0.7% (0.4%) in October, Statistics South Africa said on Thursday.
In addition, wholesale trade sales at constant 2000 prices for the three months ended November 2010 increased by 4.7% compared with the three months ended November 2009, while sales for the same period in 2009 decreased by 11.2%.
Seasonally adjusted wholesale trade sales for the three months ended November 2010 decreased by 0.2% compared with the three months ended August 2010.
Stats SA added that wholesale trade sales, at current prices, for November 2010 increased by 13.6% compared with November 2009, while sales for the corresponding period in 2009 decreased by 15.2%.
Wholesale trade sales at current prices for the three months ended November increased by 10.3% compared with the same period in 2009.
Major contributors to this increase were dealers in solid, liquid and gaseous fuels and related products, contributing 4.0 percentage points; and dealers in food, beverages and tobacco, with a two-percentage points contribution.
Wholesale trade began the year with major losses, posting a 10% y/y decline in January following -5.3% in December. The declines then slowed to -2.1% in February and have shown positive growth since March.
In addition, wholesale trade sales at constant 2000 prices for the three months ended November 2010 increased by 4.7% compared with the three months ended November 2009, while sales for the same period in 2009 decreased by 11.2%.
Seasonally adjusted wholesale trade sales for the three months ended November 2010 decreased by 0.2% compared with the three months ended August 2010.
Stats SA added that wholesale trade sales, at current prices, for November 2010 increased by 13.6% compared with November 2009, while sales for the corresponding period in 2009 decreased by 15.2%.
Wholesale trade sales at current prices for the three months ended November increased by 10.3% compared with the same period in 2009.
Major contributors to this increase were dealers in solid, liquid and gaseous fuels and related products, contributing 4.0 percentage points; and dealers in food, beverages and tobacco, with a two-percentage points contribution.
Wholesale trade began the year with major losses, posting a 10% y/y decline in January following -5.3% in December. The declines then slowed to -2.1% in February and have shown positive growth since March.
