Mixed Signals from Retail Numbers

Retail sales growth moderated sharply in June after the strong jump in May. Annual growth in retail sales fell to 1.9% from 6% in May. On the face of this, we should be worried, but what is the underlying picture? We asked our experts……

There was expert comment from Nedbank’ Economic Unit, from Shireen Darmalingam of Standard Bank and from Mike Schussler of economists.co.za

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