Retail sales Y-on-Y in South Africa, February, 2020
For that indicator, we provide data for South Africa from November 2018 to February 2020. The average value for South Africa during that period was 1.34 percent with a minimum of -1.3 percent in December 2018 and a maximum of 3.2 percent in November 2018.
Click on the following link to see the values of Retail sales Y-on-Y
around the world.
* indicates monthly or quarterly data series
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.