Financial News: South Africa Retail Sales Growth Eases In May

South Africa Retail Sales Growth Eases In May

07/16/2025 - 08:20:00 (RTTNews)

(RTTNews) - South Africa's retail sales growth moderated in May after accelerating 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 May, slower than the 5.2 percent increase in the prior month.

Sales of textiles, clothing, footwear, and leather goods grew the most, by 12.5 percent annually in May, followed by household furniture, appliances, and equipment, with a 4.4 percent rise. Meanwhile, sales of food, beverages, and tobacco in specialized stores dropped by 1.9 percent.

On a monthly basis, retail sales edged up 0.1 percent versus a 1.1 percent gain in April.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Three-Year Note Auction Attracts Above Average Demand (01 hr(s), 19 min(s), 25 sec(s) ago)
(RTTNews) - The Treasury Department on Tuesday announced the results of this month's auction o ...Full Story»

Latvia Trade Gap Widens In July (04 hr(s), 08 min(s), 25 sec(s) ago)
(RTTNews) - Latvia's foreign trade deficit increased in July from a year ago, as imports grew ...Full Story»

Mexico Inflation Rises To 3.57% (04 hr(s), 21 min(s), 25 sec(s) ago)
(RTTNews) - Mexico's consumer price inflation increased somewhat in August after easing in the ...Full Story»

Portugal Trade Gap Widens On Weaker Exports (04 hr(s), 34 min(s), 25 sec(s) ago)
(RTTNews) - Portugal's foreign trade deficit increased in July from a year ago as exports plun ...Full Story»

Romania Trade Deficit Narrows In July (05 hr(s), 01 min(s), 25 sec(s) ago)
(RTTNews) - Romania's foreign trade deficit decreased in July from a year ago as exports grew ...Full Story»

U.S. Small Business Optimism Improves In August: NFIB (06 hr(s), 15 min(s), 25 sec(s) ago)
(RTTNews) - Small business confidence in the U.S. improved in August, largely led by stronger sale ...Full Story»

Lithuanian Trade Gap Widens In July (06 hr(s), 38 min(s), 25 sec(s) ago)
(RTTNews) - Lithuania's trade deficit incrased in July from a year ago as exports fell amid an ...Full Story»

French Industrial Output Falls Most In 3 Months (06 hr(s), 51 min(s), 25 sec(s) ago)
(RTTNews) - France's industrial production declined at the fastest pace in three months in Jul ...Full Story»