YoY Change in Retail Sales in South Africa
South Africa| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
|---|---|---|---|---|---|---|
| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
Year-on-year retail sales growth rate indicates the change in retail sales in South Africa's retail sector for a specific month compared to the same month of the previous year. This data, published monthly by Statistics South Africa, is crucial for evaluating consumer spending trends.
Year-on-year data helps understand how retail sales fluctuate over longer periods. An increase in retail sales indicates higher consumer purchasing willingness and suggests economic expansion. Conversely, a decrease in retail sales suggests reduced consumer purchasing willingness and potential economic stagnation.
This data serves as important reference material for policymakers to assess consumer trends and formulate appropriate economic policies. It is also a vital source of information for businesses and investors to understand trends in the retail market and economic outlook.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
