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Research South Africa

Wholesale trade sales up 3.2% y/y in June

Wholesale trade sales increased 3.2% year on year (y/y) in June compared with a 0.8% drop in May‚ Statistics South Africa data showed on Thursday, 14 August 2014.
Wholesale trade sales up 3.2% y/y in June
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Sales were measured in real terms using constant 2012 prices.

Seasonally adjusted wholesale trade sales increased by 1.4% in June 2014 compared with May 2014. This followed month-on-month changes of -0.3% in May 2014 and -0.1% in April 2014.

Seasonally adjusted wholesale trade sales decreased by 1.0% in the second quarter of 2014 compared with the previous quarter.

Measured in nominal terms (current prices)‚ wholesale trade sales increased by 11.6% in June 2014 compared with June 2013.

Wholesale trade sales increased by 9.5% in the second quarter of 2014 compared with the second quarter of 2013.

Source: I-Net Bridge

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