SA’s retail sales up 2.6% year/year in November

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JOHANNESBURG (Reuters) – South African retail sales rose 2.6% year-on-year in November following a revised 0.4% increase in October, Statistics South Africa said on Wednesday.

On a month-on-month basis, sales were up 3.1% and up 1.2% in the three months to the end of November compared with the same period last year, the statistics body said.

Reporting by Olivia Kumwenda-Mtambo; Editing by Alexander Winning

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Godwin Okafor is a Financial Journalist, Internet Social Entrepreneur and Founder of Naija247news Media Limited. He has over 16 years experience in financial journalism. His experience cuts across traditional and digital media. He started his journalism career at Business Day, Nigeria and founded Naija247news Media in 2010. Godwin holds a Bachelors degree in Industrial Relations and Personnel Management from the Lagos State University, Ojo, Lagos. He is an alumni of Lagos Business School and a Fellow of the University of Pennsylvania (Wharton Seminar for Business Journalists). Over the years, he has won a number of journalism awards. Godwin is the chairman of Emmerich Resources Limited, the publisher of Naija247news.

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