Financial News: South Africa Retail Sales Growth Rebounds In January

South Africa Retail Sales Growth Rebounds In January

03/18/2026 - 09:22:00 (RTTNews)

(RTTNews) - South Africa's retail sales growth quickened in January after easing in the previous month, data from Statistics South Africa showed on Wednesday.

On an unadjusted basis, retail sales rose 4.2 percent year-on-year in January, faster than the 2.5 percent increase in the prior month.

Sales of household furniture, appliances, and equipment grew the most by 10.7 percent from last year, and those of textiles, clothing, and leather goods expanded by 9.9 percent. Demand for hardware, paint, and glass rose 4.6 percent, while sales of food, beverages, and tobacco in specialized stores dropped 6.3 percent.

On a monthly basis, retail sales rebounded 0.9 percent in January versus a 0.5 percent fall in December.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Japan Rate Decision Due On Tuesday (05 hr(s), 18 min(s), 03 sec(s) ago)
(RTTNews) - The Bank of Japan will wrap up its monetary policy meeting on Tuesday and then announc ...Full Story»

Treasury Announces Results Of Two-Year, Five-Year Note Auctions (10 hr(s), 15 min(s), 03 sec(s) ago)
(RTTNews) - The Treasury Department announced the results of this month's auctions of $69 bill ...Full Story»

UK Retail Sales Decline Sharply: CBI (15 hr(s), 14 min(s), 03 sec(s) ago)
(RTTNews) - UK retailers reported a sharp decline in sales in April and forecast further weakness, ...Full Story»

Singapore Industrial Output Growth Quickens In March (18 hr(s), 45 min(s), 03 sec(s) ago)
(RTTNews) - Singapore's industrial production expanded at an accelerated pace in March, prelim ...Full Story»

German Consumer Confidence Deteriorates (19 hr(s), 07 min(s), 03 sec(s) ago)
(RTTNews) - German consumer sentiment is set to deteriorate sharply in May as income expectations ...Full Story»

Finland Consumer Confidence Falls To 2-year Low; Business Morale Improves (19 hr(s), 39 min(s), 03 sec(s) ago)
(RTTNews) - Consumers in Finland expressed a more pessimistic attitude in April, survey figures fr ...Full Story»

Malaysia Producer Prices Unexpectedly Rise 1.1% (20 hr(s), 01 min(s), 03 sec(s) ago)
(RTTNews) - Malaysia's producer prices increased for the first time in a year in March, figure ...Full Story»

Japan Leading Index Improves More Than Estimated (20 hr(s), 38 min(s), 03 sec(s) ago)
(RTTNews) - Japan's leading index strengthened more than initially estimated in February to th ...Full Story»