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Wholesale trade sales up 8.9% y/y in February

22 Apr 2014

Wholesale trade sales rose 8.9% year on year in February compared with 8.7% year on year in January‚ Statistics SA data showed on Thursday, 17 April 2014

Wholesale trade sales up 8.9% y/y in February

Sales were measured in real terms using constant 2012 prices.

Seasonally adjusted wholesale trade sales increased by 1.1% in February 2014 compared with January 2014. This followed month-on-month changes of 3.1% in January 2014 and -1.1% in December 2013.

Seasonally adjusted wholesale trade sales increased by 2.4% in the three months ended February 2014 compared with the previous three months.

Measured in nominal terms‚ using current prices‚ wholesale trade sales increased by 17.3% in February 2014 compared with February 2013. The major contributors to this increase were dealers in: machinery‚ equipment and supplies (28.7% and contributing 4.1 percentage points); solid‚ liquid and gaseous fuels and related products (15.4% and contributing 3.6 percentage points); and other intermediate products‚ waste and scrap (45.8% and contributing 1.7 percentage points).

Wholesale trade sales increased by 15.4% in the three months ended February 2014 compared with the three months ended February 2013. The major contributors to this increase were dealers in: solid‚ liquid and gaseous fuels and related products (17.8% and contributing 4.2 percentage points); machinery‚ equipment and supplies (23.6% and contributing 3.2 percentage points); and food‚ beverages and tobacco (10.2% and contributing 1.7 percentage points).

Source: I-Net Bridge

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