JOHANNESBURG, Sept 19 (Reuters) – Growth in South Africa’s
retail sales slowed to 4.2 percent year-on-year in July compared
with a revised 8.6 percent in June, Statistics South Africa said
on Wednesday.
On a monthly basis, sales were up by 0.1 percent in July and
increased by 6.2 percent in the three months to July compared
with the same period a year ago.
Economists polled by Reuters had expected year-on-year sales
growth of 7.1 percent in July.
The retail sales data was based on a new sample drawn in
April 2012, replacing previous sample drawn last year.
(Reporting by Stella Mapenzauswa; Editing by Ed Cropley)
© Thomson Reuters 2012 All rights reserved
