Stats SA has reported that South Africa’s retail trade sales decreased by 1.3% year-on-year in August 2021.
Negative annual growth rates were recorded for: retailers in hardware, paint and glass (-7.4%); retailers in household furniture, appliances and equipment (-5.2%); all ‘other’ retailers (-3.6%); and general dealers (-3.0%).
The main negative contributor to this decrease was general dealers (contributing -1.3 percentage points).
Seasonally adjusted retail trade sales increased by 4.9% in August 2021 compared with July 2021. This followed month-on-month changes of -11.1% in July 2021 and 0.7% in June 2021.
In the three months ended August 2021, seasonally adjusted retail trade sales decreased by 4.1% compared with the previous three months.
Retail trade sales increased by 2.6% in the three months ended August 2021 compared with the three months ended August 2020.
The main positive contributors to this increase were: general dealers (2.3% and contributing 1,0 percentage point); all ‘other’ retailers (10.0% and contributing 0.9 of a percentage point); and retailers in textiles, clothing, footwear and leather goods (6.0% and contributing 0.9 of a percentage point).