Disappointing retail sales flat in September | Fin24
  • Still falling

    Annual consumer price inflation has dipped to its lowest level in 9 years.

  • Sabotage at Eskom

    President Cyril Ramaphosa says sabotage contributed to power cuts earlier in the week.

  • Digital Banking

    TymeBank says it will be switching gears in a bid to triple its size by the end of 2020.


Disappointing retail sales flat in September

Nov 13 2019 14:06

Annual retail sales were flat in September, coming in well below economists expectations.

Stats SA announced on Wednesday that in real terms retail trade sales increased by 0.2% year-on-year in September 2019. 

Ahead of the announcement, Investec and NKC African Economics said they were expecting a rise of 1.9% in September. 

While sales in the textiles, clothing, footwear and leather goods sector grew by 3% over the past year, general dealers sales – a category that accounts for almost half of all sales –  fell by 0.7%.


Sales were up 0,5% in September 2019 compared with August 2019.

- Compiled by Jan Cronje 



Company Snapshot

Voting Booth

What do you think about private healthcare in SA?

Previous results · Suggest a vote