Sales In brief South Africa

Wholesale trade sales down 0.1% y/y in August 2015

Wholesale trade sales, when measured in real terms (constant 2012 prices), decreased by 0.1% year on year in August 2015, data from Statistics SA showed on Thursday.

Seasonally adjusted wholesale trade sales decreased by 1% in August 2015 compared with July 2015. This followed month-on-month changes of 1% growth in July 2015 and a 0.5% decline in June 2015.

Seasonally adjusted wholesale trade sales decreased by 0.3% in the three months ended August 2015 compared with the previous three months.

Measured in nominal terms (current prices), wholesale trade sales increased by 0.3% in August 2015 compared with August 2014.

Wholesale trade sales increased by 3.2% in the three months ended August 2015 compared with the three months ended August 2014.

Source: BDpro

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