SA's November retail trade sales up 3.9% year on year
Retail sales increased 3.9% year on year in November after increasing by a slightly revised 3.4% (3.3%) in October, Statistics SA data showed on Wednesday.
Higher retail sales mean the sector will have supported economic growth in the fourth quarter of last year.
The main contributors to the 3.9% increase were general dealers, who contributed 1.9 percentage points, and retailers in textiles, clothing, footwear and leather goods with a 1.2 percentage-point contribution.
Seasonally adjusted retail trade sales increased 2.5% month on month in November after rising 0.4% in October and falling 1.5% in September 2015.
In the three months ended November 2015, seasonally adjusted retail trade sales increased 0.9% compared with the previous three months.
Sales increased 3.5% in the three months ended November 2015 compared with the three months ended November 2014. The main contributors were again general dealers, and retailers in textiles, clothing, footwear and leather goods.