SA January wholesale trade sales

Wholesale 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.

18 Mar 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 Bridge

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