SA Jan retail trade sales -1.7% y/y vs -3.7% (2)

      Johannesburg, Mar 17 (I-Net Bridge) - South African retail trade sales at constant (2008) prices for January declined -1.7% year-on-year (y/y), after recording a –3.7% (y/y) decline in December, figures released on Wednesday by Statistics South Africa show.
    Retail trade sales, at current prices, for January 2010 increased by 4.7% compared with January 2009, while sales for the corresponding period in 2009 increased by 12.4%.
    Retail trade sales, at constant (2008) prices, for the three months ended January 2010 reflected a decrease of 4.1% compared with the three months ended January 2009, while sales for the corresponding period in 2009 decreased by 0,4%.  
      The main contributors to the decrease of 4.1% for the three months ended January 2010 compared with the three months ended January 2009 were all other retailers (-10.3% and contributing -1.4 percentage points), general dealers (- 3.2% and contributing -1.2 percentage points) and retailers in hardware, paint and glass (-15.8% and contributing -1.1 percentage points).
    Retail trade sales, at current prices, for the three months ended January 2010 compared with the three months ended January 2009 increased by 2.9%. The main contributor to this increase was general dealers (6.2% and contributing 2.3 percentage points).
   
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