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Retail sales show resilience amidst high inflation rates.

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While predictions were for retail trade sales to slow quite considerably, Stats SA’s latest retail trade sales figures released last Wednesday show there has only been a very small decrease in retail in April (A lower decrease rate than what was seen in February and March of this year), and that’s with a backdrop of recent high inflation, especially for food, transport and utilities, and depressed consumer sentiment.
20 Jun 2022 4AM English South Africa Business News · Investing

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