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Black Friday lifts November 2019 retail sales

According to Statistics South Africa, retail trade sales for November 2019 increased by 2,6% year-on-year, growing the most in seven months and boosted by Black Friday promotions.
Black Friday lifts November 2019 retail sales

The largest annual growth rates were recorded for retailers in food, beverages and tobacco in specialised stores (6,2%); general dealers (3,2%); retailers in household furniture, appliances and equipment (3,2%); and retailers in textiles, clothing, footwear and leather goods (2,7%).

The main contributors to the 2,6% increase were general dealers (contributing 1,3%); retailers in textiles, clothing, footwear and leather goods (0,5%); and retailers in food, beverages and tobacco in specialised stores (0,4%).

Seasonally adjusted retail trade sales increased by 3,1% in November 2019 compared with October 2019. This followed month-on-month changes of 0,1% in October 2019 and 0,7% in September 2019. In the three months ended November 2019, seasonally adjusted retail trade sales increased by 1,2% compared with the previous three months.

Retail trade sales increased by 1,2% in the three months ended November 2019 compared with the three months ended November 2018.

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