19 August 2026, 14:22 South Africa: Retail Trade Growth Below Forecasts.
Retail sales in South Africa rose by 1.6% year-on-year in June 2026, slowing from a downwardly revised 2.2% increase in May and missing market expectations of a 2.3% growth. On a seasonally adjusted monthly basis, retail sales shrank by 0.6%, after a revised flat reading the month before. Retail trade sales increased by 1.7% in the second quarter of 2026 compared with the second quarter of 2025.
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