South Africa's retail trade shrank 0.8 percent from a year earlier in July of 2021, following an upwardly revised 10.5 percent growth in the previous month. It was the first decrease in retail activity since March, probably due to recent violent events across the country. Sales declined for household furniture, appliances and equipment (-10.2 percent vs -7.7 percent in June); hardware, paint and glass (-6.2 percent vs 3.8 percent); food, beverages and tobacco in specialised stores (-4.1 percent vs 8.5 percent) and at general dealers (-2.6 percent vs 11.9 percent). On a monthly basis, retail sales plunged 11.2 percent, after an upwardly revised 0.7 percent in the previous month. source: Statistics South Africa

Retail Sales YoY in South Africa averaged 4.09 percent from 2003 until 2021, reaching an all time high of 95.70 percent in April of 2021 and a record low of -49.90 percent in April of 2020. This page provides - South Africa Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Africa Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.

Retail Sales YoY in South Africa is expected to be 7.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa Retail Sales YoY is projected to trend around 2.10 percent in 2022 and 1.80 percent in 2023, according to our econometric models.

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South Africa Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
-0.80 10.50 95.10 -49.90 2003 - 2021 percent Monthly
Constant Prices 2015


Calendar GMT Actual Previous Consensus TEForecast
2021-06-17 11:00 AM Apr 95.8% -2.3% 99.7% 85%
2021-07-14 11:00 AM May 15.8% 95.7% 12.2% 16%
2021-08-18 11:00 AM Jun 10.4% 16.3% 9.6% 6%
2021-09-15 11:00 AM Jul -0.8% 10.5% 7.2%
2021-10-13 11:00 AM Aug -0.8%
2021-11-17 11:00 AM Sep 3%
2021-12-08 11:00 AM Oct
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
South Africa Retail Sales Fall for 1st Time in 4 Months
South Africa's retail trade shrank 0.8 percent from a year earlier in July of 2021, following an upwardly revised 10.5 percent growth in the previous month. It was the first decrease in retail activity since March, probably due to recent violent events across the country. Sales declined for household furniture, appliances and equipment (-10.2 percent vs -7.7 percent in June); hardware, paint and glass (-6.2 percent vs 3.8 percent); food, beverages and tobacco in specialised stores (-4.1 percent vs 8.5 percent) and at general dealers (-2.6 percent vs 11.9 percent). On a monthly basis, retail sales plunged 11.2 percent, after an upwardly revised 0.7 percent in the previous month.
2021-09-15
South Africa Retail Sales Growth Above Forecasts
South Africa's retail trade grew 10.4 percent from a year earlier in June of 2021, following an upwardly revised 16.3 percent rise in May and beating market expectations of a 9.6 percent gain. It was the third straight month of increases in retail activity, reflecting low base effects from the pandemic shock last year and the ongoing economic recovery. Sales grew at a softer pace for food, beverages & tobacco (8.2 percent vs 53.7 percent in May); pharmaceuticals and medical goods, cosmetics and toiletries (5.4 percent vs 7.3 percent); textiles, clothing, footwear and leather goods (4.6 percent vs 15.3 percent) and "all other retailers" (34.5 percent vs 82.7 percent). On a monthly basis, retail sales went up 0.6 percent, slowing from an upwardly revised 2.3 percent rise in the previous month.
2021-08-18
South Africa Retail Sales Rise More than Expected
South Africa's retail trade grew 15.8 percent from a year earlier in May of 2021, following a revised record 95.7 percent jump in April and beating market expectations of a 12.2 percent rise. The largest increases were recorded for "all other retailers" (87.7 percent); food, beverages and tobacco in specialized stores (54.2 percent) and household furniture, appliances and equipment (52.3 percent). On a monthly basis, retail sales advanced 2.1 percent, reversing a downwardly revised 0.6 percent decrease in the previous month.
2021-07-14
South Africa Retail Sales Rise at Record Pace
South Africa's retail trade jumped 95.8 percent from a year earlier in April of 2021, following a downwardly revised 2.3 percent fall in March and below market expectations of a 99.7 percent rise. It was the strongest increase in retail activity on record, largely attributed to a low base effect from last year's strict lockdown measures which affected non-essential retailers. Main positive contributions came from sales of textiles, clothing, footwear and leather goods (1675.6 percent); hardware, paint and glass (814.4 percent); household furniture, appliances and equipment (737.6 percent) and "all other retailers" (677.8 percent). On a seasonally adjusted monthly basis, retail sales went down 0.8 percent, after an upwardly revised 4.5 percent decline in the previous month.
2021-06-17

South Africa Retail Sales YoY
In South Africa, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago.