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Retail sales rise 4.8% y/y in March

Retail sales increased by a revised 4.2% in February.

South African retail sales rose 4.8% year-on-year in March after increasing by a revised 4.2% in February, data from the statistics office showed on Wednesday.

On a month-on-month basis, sales were flat. Sales rose 4.1% in the three months to the end of March compared with the same period last year, Statistics South Africa said.

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