News

Industries

Companies

Jobs

Events

People

Video

Audio

Galleries

My Biz

Submit content

My Account

Advertise

Research News South Africa

October wholesale sales up 8.9%

Wholesale trade sales at constant (2000) prices for October grew 8.9% year on year (y/y) compared with a revised 9.4% (9.5%) in September, Statistics SA data showed on Wednesday, 7 December.

For the three months ended October, sales were up 18.3% compared with the same quarter in 2010.

Wholesale trade sales, at constant 2000 prices, for the third quarter of 2011 increased by 8.9% compared with the third quarter of 2010, while sales for the same period in 2010 increased by 4.5%.

Seasonally adjusted wholesale trade sales for the third quarter of 2011 increased by 3.5% compared with the second quarter of 2011.

Stats SA attributed the 18.3% rise in Q3 to dealers in solid, liquid and gaseous fuels and related products (31.9% and contributing 6.2 percentage points), followed by dealers in agricultural raw materials and livestock (48.0% and contributing 2.2 percentage points) and dealers in machinery, equipment and supplies (18.3% and contributing 3.0 percentage points).

In addition, Stats SA noted that wholesale trade sales, at current prices, for October 2011 increased by 19.1% compared with October 2010, while sales for the corresponding period in 2010 increased by 6.0%.

Source: I-Net Bridge

For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.

We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.

Go to: http://www.inet.co.za
Let's do Biz