Retail sales Y-on-Y in South Africa, January 2003 - December 2020
For that indicator, we provide data for South Africa from January 2003 to December 2020. The average value for South Africa during that period was 3.68 percent with a minimum of -49.9 percent in April 2020 and a maximum of 15.48 percent in September 2006.
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.