South African retail sales fall 1.8% year on year in July

An employee sorts out clothing at a Lacoste store in Sandton

JOHANNESBURG (Reuters) – South African retail sales fell 1.8% year on year in July after declining by a revised 1.8% in June, Statistics South Africa figures showed on Wednesday.

Retail sales in July were unchanged month-on-month.

Sales in the three months to the end of July were down 2.2% compared with the same period last year, the statistics agency said.

(Reporting by Anait Miridzhanian; Editing by Alexander Winning)

Reuters

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