South African retail sales rise 8.6% year on year in July

JOHANNESBURG (Reuters) – South African retail sales rose 8.6% year on year in July after falling by a revised 2.3% in June, Statistics South Africa figures showed on Wednesday.

On a month-on-month basis, sales were down 0.1%.

Sales in the three months to the end of July were up 1.8% compared with the same period last year, the statistics agency said.

(Reporting by Anait Miridzhanian; Editing by Alexander Winning)

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