RETAIL SALES EXCEED EXPECTATIONS

Data released yesterday showed that retail sales for January this year had its first year-on-year increase in nine months.

Data released yesterday showed that retail sales for January this year had its first year-on-year increase in nine months.

Stats SA said retail sales increased 1,7percent compared with January last year. This was higher than the market expected.

Retail trade sales at constant prices for the three months ending January this year however decreased by a percent compared with the same period last year. - Adele Shevel

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