Retail Sales in South Africa decreased 0.40 percent in February of 2020 over the previous month.

Retail Sales MoM in South Africa averaged 0.33 percent from 2002 until 2020, reaching an all time high of 3.90 percent in April of 2011 and a record low of -4.80 percent in December of 2018. 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 May of 2020. source: Statistics South Africa

Retail Sales MoM in South Africa is expected to be 0.60 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 1.30 in 12 months time. In the long-term, the South Africa Retail Sales MoM is projected to trend around -2.40 percent in 2021 and 0.70 percent in 2022, according to our econometric models.

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South Africa Retail Sales MoM

Actual Previous Highest Lowest Dates Unit Frequency
-0.40 0.50 3.90 -4.80 2002 - 2020 percent Monthly
Constant Prices 2015, SA


Calendar GMT Actual Previous Consensus TEForecast
2020-01-15 11:00 AM Nov 3.1% 0.1% 3.7%
2020-02-12 11:00 AM Dec -3.1% 2% -2%
2020-03-18 11:00 AM Jan 0.9% -3.2% 1.3%
2020-05-20 11:00 AM Feb -0.4% 0.5% 0.5%
2020-06-17 11:00 AM Apr -4.8%
2020-06-17 11:00 AM Mar -0.4% -2%
2020-07-15 11:00 AM May -3.6%
2020-08-12 11:00 AM Jun 0.6%

South Africa Consumer Last Previous Highest Lowest Unit
Consumer Confidence -9.00 -7.00 26.00 -33.00 points [+]
Retail Sales MoM -0.40 0.50 3.90 -4.80 percent [+]
Retail Sales YoY 2.00 1.30 15.50 -6.30 percent [+]
Consumer Spending 1966371.00 1961051.00 1966371.00 260612.00 ZAR Million [+]
Disposable Personal Income 3110292.00 3068290.00 3110292.00 3520.00 ZAR Million [+]
Personal Savings -0.20 -0.10 23.80 -2.50 percent [+]
Private Sector Credit 7.84 5.17 35.88 -2.35 percent [+]
Bank Lending Rate 7.25 7.25 25.50 5.50 percent [+]
Gasoline Prices 0.74 0.90 1.44 0.43 USD/Liter [+]
Households Debt To GDP 34.30 34.10 43.90 33.10 percent of GDP [+]
Households Debt To Income 72.80 71.90 86.40 40.30 percent [+]
Consumer Confidence Economic Expectations -22.20 -1.00 37.00 -38.00 [+]
Consumer Confidence Financial Expectations 6.40 3.00 30.40 -22.00 [+]
Consumer Confidence Major Purchases Expectations -11.80 -17.00 13.10 -42.00 [+]


South Africa Retail Sales MoM
In South Africa, the Retail sales report provides an aggregated measure of sales of retail goods and services over a specific time period. In South Africa, Retail sales are seasonal, volatile and relatively important to the overall economy.