Fuel & Energy News South Africa

September motor trade sales up says Stats SA

Motor trade sales‚ measured in nominal terms (current prices)‚ increased by 6.0% year-on-year in September after climbing by 7.3% y/y in August‚ data released by Stats SA showed.
Fuel sales boosted retailers in September. Image:
Fuel sales boosted retailers in September. Image: Free Digital Photos

The highest annual growth rates were recorded for fuel sales (13.6%)‚ workshop income (6.8%) and new vehicle sales (6.0%).

Seasonally adjusted motor trade sales decreased by 1.4% in September compared with August and followed month-on-month changes of -2.0% in August and 5.4% in July.

Stats SA said the seasonally adjusted motor trade sales increased by 2.1% in the third quarter of this year compared with the previous quarter and were up by 8.8% compared with the third quarter of last year.

The major contributors to this increase were fuel sales (15.1% and contributing 3.9 percentage points) and new vehicle sales (10.9% and contributing 3.1 percentage points).

Source: I-Net Bridge

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
Let's do Biz