empty
 
 

18.10.201804:17:00UTC+00South Africa's Wholesale Sales Growth Fastest In 2 Years

South Africa's wholesale sales expanded for the second straight month in August and at the fastest pace in two years, Statistics South Africa reported Thursday.

Wholesale trade sales increased 4 percent annually, faster than the 1.2 percent rise posted in July and the second consecutive rise. This was the biggest expansion since August 2016, when sales were up 4.8 percent.

Similarly, monthly increase in wholesale trade improved to 1.2 percent from 1 percent a month ago.

In the three months ended August, wholesale trade sales increased by seasonally adjusted 1.5 percent compared with the previous three months.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback