Hope for good retail report

AN IMPROVEMENT is expected when Statistics SA releases February retail trade sales today.

AN IMPROVEMENT is expected when Statistics SA releases February retail trade sales today.

This follows a dismal 2009 for local retailers, when negative real growth of -4,9percent was reported.

In January, real retail sales growth was still -1,7percent down on the same month in 2009. January's reading showed improvement from December's -3,8percent year on year. - I-Net Bridge

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