This compares with a revised 6.4% (7.5%) y/y gain in June.
Seasonally adjusted wholesale trade sales increased by 0.5% in July compared with June. This followed month-on-month changes of -0.9% in June and 2.6% in May.
Seasonally adjusted wholesale trade sales increased by 2.1% in the three months ended July compared with the previous three months.
On Wednesday (18 September) Stats SA said real retail sales rose by 2.8% y/y in July after a 1.4% y/y gain in June.
The June release was the first statistical release presenting seasonally adjusted wholesale trade sales using the X-12-ARIMA seasonal adjustment program.
For 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
