August 16, 2017 / 11:14 AM / a month ago

South Africa's retail sales up 2.9 percent year/year in June

Shoppers push trolleys at an upmarket shopping mall in Sandton, Johannesburg, in this September 23, 2015 file photo. REUTERS/Mike Hutchings

JOHANNESBURG (Reuters) - South African retail sales rose by 2.9 percent year-on-year in June, above market expectations, after increasing by a revised 1.6 percent in May, data from the statistics office showed on Wednesday.

Analysts polled by Reuters had forecast a 2.2 percent year-on-year increase in retail sales in June.

On a month-on-month basis, sales inched up 0.2 percent and were up 2.2 percent in the three months to June compared with the same period last year, Statistics South Africa said.

Reporting by Mfuneko Toyana; Editing by James Macharia

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