Retail Sales in South Africa increased 2.10 percent in May of 2021 over the previous month. source: Statistics South Africa

Retail Sales MoM in South Africa averaged 0.48 percent from 2002 until 2021, reaching an all time high of 69.90 percent in May of 2020 and a record low of -49.40 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 July of 2021.

Retail Sales MoM in South Africa is expected to be 0.80 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 3.00 in 12 months time. In the long-term, the South Africa Retail Sales MoM is projected to trend around 2.00 percent in 2022 and 2.10 percent in 2023, according to our econometric models.

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South Africa Retail Sales MoM

Actual Previous Highest Lowest Dates Unit Frequency
2.10 -0.60 69.90 -49.40 2002 - 2021 percent Monthly
Constant Prices 2015, SA


Calendar GMT Actual Previous Consensus TEForecast
2021-04-14 11:00 AM Feb 6.9% -2.4% -1.2%
2021-05-19 11:00 AM Mar -3.7% 6.9% 4%
2021-06-17 11:00 AM Apr -0.8% -4.5% 2%
2021-07-14 11:00 AM May 2.1% -0.6% 1.6%
2021-08-18 11:00 AM Jun 2.1% 4.5%
2021-09-15 11:00 AM Jul
2021-10-13 11:00 AM Aug
2021-11-17 11:00 AM Sep 0.8%

South Africa Consumer Last Previous Highest Lowest Unit
Consumer Confidence -13.00 -9.00 26.00 -36.00 points [+]
Retail Sales MoM 2.10 -0.60 69.90 -49.40 percent [+]
Retail Sales YoY 15.80 95.70 95.70 -49.90 percent [+]
Consumer Spending 1940020.00 1917965.00 1966430.00 260612.00 ZAR Million [+]
Disposable Personal Income 3182389.00 3145736.00 3182389.00 3520.00 ZAR Million [+]
Personal Savings 0.70 0.50 23.80 -2.50 percent [+]
Private Sector Credit -0.42 -1.76 35.88 -2.35 percent [+]
Bank Lending Rate 7.00 7.00 25.50 5.50 percent [+]
Gasoline Prices 1.20 1.25 1.44 0.43 USD/Liter [+]
Households Debt To GDP 36.10 35.60 43.90 33.10 percent of GDP [+]
Households Debt To Income 77.10 72.80 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.