Subscribe & Follow
Trending
Advertise your job vacancies
Jobs
- Supermarket Store Manager George
- Counter Sales Assistant / Internal Sales George
- Direct Sales Person Nelspruit
- Branch Manager Cape Town
- Area Sales Manager East Rand
- Sales Executive George
- Sales Representative George
- Account Manager/ Pharmacy Sales Rep Western Cape
- Pharmacy Sales Rep Kwazulu Natal
- Account Manager Sandton
Retail sales up 2,7% in March
Statistics South Africa reports that retail trade sales increased by 2,7% year-on-year in March 2020. The better-than-expected improvement in sales follows a rise in panic buying that month ahead of the implementation of the national lockdown on 27 March.
Getty
Positive annual growth rates were recorded for retailers in pharmaceuticals and medical goods, cosmetics and toiletries (13,9%); general dealers (11,6%); and retailers in food, beverages and tobacco in specialised stores (0,1%).
The main contributor to the 2,7% increase was general dealers (contributing 5,2 percentage points).
Seasonally adjusted retail trade sales increased by 2,3% in March 2020 compared with February 2020. This followed month-on-month changes of -0,3% in February 2020 and 0,7% in January 2020. In the first quarter of 2020, seasonally adjusted retail trade sales increased by 0,2% compared with the previous quarter.
Related
Risky business: 5 strategies for SMEs to build resilience in 2025 4 Mar 2025 SA's retail sales rise 3.1% year on year in December 20 Feb 2025 CPI increases in December 23 Jan 2025 Crack the code: Understanding — Use By, Sell By, and Best Before dates 12 Nov 2024 South African rand slips as investors eye inflation data 21 Oct 2024 The two-pot lid is lifted – and providing for education is a priority for South Africans 17 Oct 2024
