empty
 
 

2020.08.1312:29:00UTC+00South Africa Wholesale Sales Decline Slows In June

South Africa's wholesale sales declined at a softer pace in June, data from Statistics South Africa showed on Thursday.

Wholesale sales decreased an unadjusted 2.6 percent year-on-year in June, following a 19.9 percent fall in May. This was the fourth consecutive fall in sales.

The COVID-19 pandemic and lockdown regulations since March 27 have had an extensive impact on economic activity, the statistical office said.

On a monthly basis, wholesale sales rose a seasonally adjusted 9.7 percent in June, after a 29.6 percent growth in May.

For the three months ended in June, wholesale sales fell 19.9 percent, following a 17.6 percent decrease in the previous three months ended in June.

  • 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