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Special sectionsIn the news | Research news March retail sales up 6.8%Growth in SA's retail trade sales at constant (2008) prices for March rose by 6.8% year on year (y/y), exactly on the consensus forecast, from a revised y/y growth of 6.7% (7.2%) Statistics SA reported on Wednesday. Forecasts among the ten economists ranged from 4.30% to 7.93%. Measured in real terms (constant 2008 prices), seasonally adjusted retail trade sales increased by 2.1% in March 2012 compared with February 2012. This followed month-on-month changes of -2.4% in February and -0.9% in January 2012. The highest y/y growth rates in March were recorded for retailers in textiles, clothing, footwear and leather goods (12.0%); retailers in household furniture, appliances and equipment (11.3%); and 'all other' retailers (9.8%). In real terms, retail trade sales for first quarter of 2012 reflected an increase of 5.9% compared with the first quarter of 2011. This followed a 6.1% rise in 2011 and a 5.1% increase in 2010. The largest contributors to the 5.9% increase in the first quarter 2012 were general dealers (5.9% and contributing 2.3 percentage points); 'all other' retailers (8.3% and contributing 1.0 percentage point); and retailers in textiles, clothing, footwear and leather goods (5.4% and contributing 1,0 percentage point). SOURCE I-Net BridgeFor more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions. We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field. Go to: http://www.inet.co.za
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 prices for March rose by 6.8% year on year (y/y), exactly on the consensus forecast, from a revised y/y growth of 6.7% (7.2%) Statistics SA reported on Wednesday. Forecasts among the ten economists ranged from 4.30% to 7.93%.)
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