South African retail sales grew by a surprising +7.7% y/y in November, from October’s revised reading of +6.2% y/y. Novemer’s outcome was stronger than consensus estimates of a growth slowdown to +5.8% y/y in November.
South African retail sales grew by a surprising +7.7% y/y in November, from October’s revised reading of +6.2% y/y. Novemer’s outcome was stronger than consensus estimates of a growth slowdown to +5.8% y/y in November.