South Africa: Retail sales Y-on-Y

* indicates monthly or quarterly data series
 South Africa

Retail sales Y-on-Y

 Latest value -1.6
 Reference March 2023
 Measure percent
 Source Statistics South Africa

For that indicator, we provide data for South Africa from January 2003 to March 2023. The average value for South Africa during that period was 3.87 percent with a minimum of -49.9 percent in April 2020 and a maximum of 95.1 percent in April 2021. Click on the following link to see the values of Retail sales Y-on-Y around the world.
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* indicates monthly or quarterly data series

Recent values

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Longer historical series
Measure: percent
Source: Statistics South Africa

Definition: The retail sales Y-on-Y is an aggregated measure of the sales of retail goods over a stated period. Because retail sales are a measure of consumer demand for finished goods, they are a leading macroeconomic indicator of the pulse of an economy and its projected path toward expansion or contraction. Retail sales Y-on-Y is calculated as the percent change in the Retail sales index from the same month the previous year. The Retail sales Y-on-Y measures only volume changes, i.e. price level changes are excluded.
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