Wholesale trade sales down 6.3% y/y in April

Measured in real terms (constant 2012 prices), wholesale trade sales decreased by 6.3% year on year in April 2015, data from Stats SA showed on Thursday...

Seasonally adjusted wholesale trade sales decreased by 6.5% in April 2015 compared with March 2015. This followed month-on-month increases of 3% in March 2015 and 2% in February 2015.

Seasonally adjusted wholesale trade sales increased by 2% in the three months ended April 2015 compared with the previous three months.

Measured in nominal terms (current prices), wholesale trade sales decreased by 4.1% in April 2015 compared with April 2014. The major contributor to this decrease was dealers in solid, liquid and gaseous fuels and related products.