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Special sections | SA January wholesale trade salesWholesale trade sales at constant (2000) prices for January declined -11.2% year-on-year, after a revised -6.4% (-6.3%) y/y decline in December, Statistics South Africa data showed on Wednesday, 17 March 2010. Stats SA also noted that wholesale trade sales, at constant 2000 prices, for the three months ended January 2010 decreased by -10.7% compared with the three months ended January 2009, while growth for the same period in 2009 was 2.0%. Seasonally adjusted wholesale trade sales for the three months ended January 2010 increased by 1.0% compared with the three months ended October 2009. Annual wholesale trade sales for 2009 declined -11%. According to the data, wholesale trade sales, at current prices, for the three months ended January 2010 decreased by -10.2% compared with the three months ended January 2009. The major contributors to this decrease were dealers in machinery, equipment and supplies (-20.4% and contributing -3.9 percentage points) and dealers in solid, liquid and gaseous fuels and related products (-19.1% and contributing -3.6 percentage points). Wholesale trade sales, at current prices, for January 2010 decreased by -8.8% compared with January 2009, while sales for the corresponding period in 2009 increased by 5.3% SOURCE I-Net BridgeI-Net Bridge was established in 1990 as a joint venture between stockbroker, Ivor Jones Roy, and newspaper publisher, Times Media Limited (TML). It now forms part of South African media and entertainment giant, Avusa Limited. It is a South African developer of a wide range of financial products including workstations, web applications and data feeds to the professional investment community. Real-time and historical market data is packaged with in-depth news and analytical tools. Go to: http://www.inet.co.za
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