Wholesale trade sales down 8.1% y/y in November

Wholesale trade sales decreased by 8.1% year on year (y/y) in November 2014‚ Statistics SA data showed on Thursday, 15 January 2015.

Sales were measured in real terms using constant 2012 prices.

Seasonally adjusted wholesale trade sales decreased by 3% in November 2014 compared with October 2014. This followed month-on-month changes of -3.9% in October 2014 and 2.8% in September 2014.

Seasonally adjusted wholesale trade sales decreased by 0.1% in the three months ended November 2014 compared with the previous three months.

Measured in nominal terms (current prices)‚ wholesale trade sales decreased by 3% in November 2014 compared with November 2013.

Wholesale trade sales increased by 4.4% in the three months ended November 2014 compared with the three months ended November 2013.

Source: BDpro via I-Net Bridge