Retail Sales in South Africa decreased 3.10 percent in December of 2019 over the previous month. South Africa Retail Sales MoM - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Retail Sales MoM in South Africa averaged 0.34 percent from 2002 until 2019, 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. source: Statistics South Africa

Retail Sales MoM in South Africa is expected to be -0.40 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 0.80 in 12 months time. In the long-term, the South Africa Retail Sales MoM is projected to trend around 0.80 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
-3.10 2.00 3.90 -4.80 2002 - 2019 percent Monthly
Constant Prices 2015, SA

Calendar GMT Actual Previous Consensus TEForecast
2019-11-13 11:00 AM Sep 0.5% -1.1% 0.6%
2019-12-11 11:00 AM Oct -0.2% 0.6% 0.3%
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 -3.1% 1.3%
2020-04-15 11:00 AM Feb 0.5%
2020-05-13 11:00 AM Mar -0.4%
2020-06-17 11:00 AM Apr

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.