Retail sales improve

19 February 2009 - 02:00
By unknown

Sales in the retail sector in December had their best performance in eight months. Stats SA said yesterday retail trade sales fell 0,1percent year on year in the last month of last year from a 4,4percent decline in November. December's marginal drop was the eighth straight month of negative moves by the retail sector. The retail sector in 2008 registered nine negative months in total. - Maryanne Maina

Sales in the retail sector in December had their best performance in eight months. Stats SA said yesterday retail trade sales fell 0,1percent year on year in the last month of last year from a 4,4percent decline in November. December's marginal drop was the eighth straight month of negative moves by the retail sector. The retail sector in 2008 registered nine negative months in total. - Maryanne Maina