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Real wholesale trade sales up 6.7% in November

Wholesale trade sales at constant (2000) prices for November increased by 6.7% year on year (y/y) compared with a 9.7% y/y increase in October‚ Statistics SA data showed on Thursday, 17 January 2013.

Wholesale trade sales increased by 11.4% y/y in nominal terms in November.

Measured in real terms‚ seasonally adjusted wholesale trade sales decreased by 0.6% in November compared with October following month-on-month changes of 7.3% in October and -5.6% in September.

Measured in nominal terms (current prices)‚ wholesale trade sales increased by 9.7% in the three months ended November last year compared with the same period in 2011.

The major contributors to this increase were dealers in: solid‚ liquid and gaseous fuels and related products (16.5% and contributing 3.6 percentage points); food‚ beverages and tobacco (13.1% and contributing 1.9 percentage points); and agricultural raw materials and livestock (21.0% and contributing 1.2 percentage points).

Source: I-Net Bridge

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