S.Africa retail sales growth at 8.7 pct in Dec MyZA

JOHANNESBURG Feb 15 (Reuters) – Growth in South
Africa’s retail sales jumped to 8.7 percent year-on-year at
constant prices in December from an upwardly revised 7.2 percent
in November, Statistics South Africa said on Wednesday.

On a month-on-month basis sales grew by 1.3 percent in
December and were up 7.9 percent in the last quarter of 2011
compared with the same period a year ago, also at constant
prices.

Economists polled by Reuters this week expected year-on-year
growth to slow to 6.5 percent in December.

(Reporting by Xola Potelwa)