Motor trade sales decreased by 2.3% y/y in January

Motor trade sales (measured in nominal terms and current prices) decreased by 2.3% year on year (y/y) in January 2015‚ Statistics SA reported on Thursday, 19 March 2015.

Seasonally adjusted motor trade sales decreased by 2.4% in January 2015 compared with December 2014. This followed a month-on-month decrease of 0.1% in December 2014 and a decline of 2.9% in November 2014.

Seasonally adjusted motor trade sales decreased by 3% in the three months ended January 2015 compared with the previous three months.

Motor trade sales increased by 1.4% in the three months ended January 2015 compared with the three months ended January 2014.

Source: BDpro via I-Net Bridge