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Retail sales up 2.2% year/year in October

On a month-on-month basis, sales rose 0.6% in October.

South African retail sales rose 2.2% year-on-year in October after increasing at a revised year-on-year rate of 0.6% the previous month, the statistics office said on Wednesday.

On a month-on-month basis, sales rose 0.6% in October. The September month-on-month figure was revised to a contraction of 0.7%. Sales were up 1.8% in the three months to the end of October compared with the same period last year, Statistics South Africa said.

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