Motor trade sales increased by 0.6% y/y in February

Motor trade sales (measured in nominal terms and current prices) increased by 0.6% year on year (y/y) in February 2015, Statistics SA reported on Thursday, 16 April.

Seasonally adjusted motor trade sales increased by 1.2% in February 2015 compared with January 2015. This followed a month-on-month decrease of 1.9% in January 2015 and a decline of 0.1% in December 2014.

Seasonally adjusted motor trade sales decreased by 2.7% in the three months ended February 2015 compared with the previous three months.

Motor trade sales increased by 1.5% in the three months ended February 2015 compared with the three months ended February 2014.

Source: BDpro