Retail sales growth slows in May
Retail sales growth slows in May

Retail sales growth slows in May

Lungelo Mpangase

4 min
News
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Description

Retail sales growth has slowed. The print for May showed a tepid rise of 0.1% on annual basis, as consumers remain under pressure due to rising inflation and higher interest rates. Business Day TV spoke to RMB Economist Siobhan Redford for more detail.

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