South Africa Retail Sales

Retail Sales in South Africa increased 2.10 percent in March of 2012 over the previous month. Historically, from 2004 until 2012, South Africa Retail Sales averaged 0.4000 Percent reaching an all time high of 4.2000 Percent in June of 2008 and a record low of -5.0000 Percent in May of 2008. A Retail sales report provides an aggregated measure of sales of retail goods over a specific time period. Retail sales are both seasonal and volatile and their importance to the overall gross domestic product varies with each country. However, the retail sales data is widely followed by investors because is only a few weeks old. This page includes a chart with historical data for South Africa Retail Sales.


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South Africa Retail Sales


Retail Sales MoM
The Retail Sales report is an aggregated measure of the sales of retail goods over a certain period. Usually, the Retail sales report is based on a data sampling that is extrapolated to model an entire country. Generally, the retail sales report not only captures store sales, catalogue sales and other out of store sales but also breaks down sales figures into groups like food and beverages, clothing, and autos. The Retail sales report is one of the timeliest economic reports, providing data that is only a few weeks old. The most popular measure of retail sales is month over month, where the volume of retail sales in certain month is compared to the previous month. However, some countries prefer the year over year measure where the certain month is compared to the same month a year ago thus accounting for seasonality and other oscillations in retail sales data.



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