SA’s Woolworths posts higher revenue as consumer confidence recovers

(Reuters) – South African upmarket fashion and food retailer Woolworths on Monday reported a 6.5% rise in turnover for the 18-week period to Nov. 3, helped by improving consumer sentiment, moderating inflation and the start of easing interest rates.

(Reporting by Prerna Bedi in Bengaluru; Editing by Janane Venkatraman)

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