{"id":8388,"date":"2021-04-14T17:34:30","date_gmt":"2021-04-14T17:34:30","guid":{"rendered":"https:\/\/www.africa-press.net\/south-africa\/?p=8388"},"modified":"2021-04-14T16:28:43","modified_gmt":"2021-04-14T16:28:43","slug":"sas-retail-trade-sales-unexpectedly-rebounded-in-february","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/south-africa\/all-news\/sas-retail-trade-sales-unexpectedly-rebounded-in-february","title":{"rendered":"SA\u2019s retail trade sales unexpectedly rebounded in February"},"content":{"rendered":"

Africa-Press<\/a> – South-Africa<\/a>. <\/strong><\/span>South Africa\u2019s retail trade sales unexpectedly rebounded in February and rose 2.3 percent from a year earlier, recovering from an upwardly revised 3.7 percent contraction in January.<\/p>\n

Statistics South Africa (StatsSA) said today this was the first positive reading in retail activity since March 2020 amid the relaxation of the country\u2019s lockdown restrictions following a substantial decline in Covid-19 infections.<\/p>\n

This March reading was also better than market expectations of a 1.8 percent fall.<\/p>\n

StatsSA said five of the seven retail categories recorded an increase in sales in February.<\/p>\n

Household furniture, appliances and equipment had the biggest positive impact on growth of retail activity as it climbed 17.3 percent year-on-year.<\/p>\n

Clothing, footwear and leather goods, and general dealers were the second biggest positive contributor to the reading with a 12.3 percent year-on-year increase.<\/p>\n

StatsSA\u2019s deputy director for distributive trade statistics, Raquel Floris, said retailers in food and beverages stores, and those specialising in hardware, paint and glass, also recorded positive results in February.<\/p>\n

\u201cOn the downside, pharmaceuticals, medical and cosmetics stores were just on a 1.9 percent year-on-year decrease in sales in February.<\/p>\n

\u201cThe category referred to as all other retailers also performed poorly, recording a 23.6 percent decline. This category includes smaller retailers such as stationery shops and jewellery stores.\u201d<\/p>\n

However, StatsSA said retail trade sales fell by 0.9 percent in the three months ended February compared with the three months ended February last year.<\/p>\n

[email protected]<\/p>\n

BUSINESS REPORT<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – South-Africa. South Africa\u2019s retail trade sales unexpectedly rebounded in February and rose 2.3 percent from a year earlier, recovering from an upwardly revised 3.7 percent contraction in January. Statistics South Africa (StatsSA) said today this was the first positive reading in retail activity since March 2020 amid the relaxation of the country\u2019s lockdown […]<\/p>\n","protected":false},"author":84,"featured_media":8387,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8],"tags":[274,315,275],"class_list":["post-8388","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","tag-africa-press","tag-africa-press-south-africa","tag-south-africa-2"],"yoast_head":"\nSA\u2019s retail trade sales unexpectedly rebounded in February - South Africa<\/title>\n<meta name=\"description\" content=\"South Africa\u2019s retail trade sales unexpectedly rebounded in February and rose 2.3 percent from a year earlier, recoverin ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/south-africa\/all-news\/sas-retail-trade-sales-unexpectedly-rebounded-in-february\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SA\u2019s retail trade sales unexpectedly rebounded in February\" \/>\n<meta property=\"og:description\" content=\"South Africa\u2019s retail trade sales unexpectedly rebounded in February and rose 2.3 percent from a year earlier, recoverin ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/south-africa\/all-news\/sas-retail-trade-sales-unexpectedly-rebounded-in-february\" \/>\n<meta property=\"og:site_name\" content=\"South Africa\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-14T17:34:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2021\/04\/img-6077182007153.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"404\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/sas-retail-trade-sales-unexpectedly-rebounded-in-february#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/sas-retail-trade-sales-unexpectedly-rebounded-in-february\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"SA\u2019s retail trade sales unexpectedly rebounded in February\",\"datePublished\":\"2021-04-14T17:34:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/sas-retail-trade-sales-unexpectedly-rebounded-in-february\"},\"wordCount\":246,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/sas-retail-trade-sales-unexpectedly-rebounded-in-february#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2021\/04\/img-6077182007153.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-South-Africa\",\"South-Africa\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/south-africa\/all-news\/sas-retail-trade-sales-unexpectedly-rebounded-in-february#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/sas-retail-trade-sales-unexpectedly-rebounded-in-february\",\"url\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/sas-retail-trade-sales-unexpectedly-rebounded-in-february\",\"name\":\"SA\u2019s retail trade sales unexpectedly rebounded in February - 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