File: The figures from StatsSA show that retail sales jumped 95.8 percent year on year in April following a revised 2.3 percent contraction in March. AFP/Drew Angerer
AFP
JOHANNESBURG - The latest retail sales show that consumers have been spending a lot more.
The figures from StatsSA show that retail sales jumped 95.8-percent year on year in April following a revised 2.3-percent contraction in March.
According to analysts, the improvement shows that the economy is slowly beginning to recover.
That's after the national lockdown last year.
The hard lockdown affected non-essential retailers.
The surge in retail trade in April was led by sales of textiles, clothing, footwear, and leather goods.
Source
eNCA
