Hope for good retail report

14 April 2010 - 02:00
By unknown

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