Retail Sales in South Africa increased 4 percent in August of 2020 over the previous month.
Retail Sales MoM in South Africa averaged 0.48 percent from 2002 until 2020, reaching an all time high of 68.80 percent in May of 2020 and a record low of -49 percent in April of 2020. This page provides - South Africa Retail Sales MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Africa Retail Sales MoM - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020. source: Statistics South Africa
Retail Sales MoM in South Africa is expected to be -8.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales MoM in South Africa to stand at 2.30 in 12 months time. In the long-term, the South Africa Retail Sales MoM is projected to trend around 4.00 percent in 2021 and 2.50 percent in 2022, according to our econometric models.