• News
  • Sport
  • TV
  • Radio
  • Education
  • TV Licences
  • Contact Us
  • SOUTH AFRICA
  • POLITICS
  • BUSINESS
  • SPORT
  • AFRICA
  • WORLD
  • FEATURES
  • OPINION
No Result
View All Result
1
Home Business

Total retail sales grew 6.4% year over year

14 December 2017, 2:01 PM  |
Amina Accram Amina Accram |  @SABCNews
The Mastercard Spending Pulse 2017 report shows that total retail sales for October 2017 grew 6.4% year-over-year

The Mastercard Spending Pulse 2017 report shows that total retail sales for October 2017 grew 6.4% year-over-year

Image: sabc

The Mastercard Spending Pulse 2017 report shows that total retail sales for October 2017 grew 6.4% year-over-year

South African consumer spending showed a modest uptick in October this year, with total retail volumes for the month rising 2.3% year-over-year after removing the effects of inflation.

The Mastercard Spending Pulse 2017 report shows that total retail sales for October 2017 grew 6.4% year-over-year, reflecting a welcome decrease in inflationary pressure.

The report indicates an uptick in spending as we approach the festive season. However, consumers continue to exercise caution in the face of inflation, high unemployment and business uncertainty.

 

Share article
Tags: MasterCard
Previous Post

DA probes Denel’s financial crisis

Next Post

SABC will continue with its normal programming

Related Posts

[FILE IMAGE] Taxis wait to receive passengers at a taxi rank.

eThekwini municipality, Taxi association seek to resolve uMhlanga Rocks rank dispute

21 September 2023, 5:25 PM
Maize crop seen on a farm.

Changing weather patterns fuel acute food insecurity for 140 million Africans: Report

21 September 2023, 5:12 PM
SARB Governor Lesetja Kganyago

VIDEO | Interest rates remain unchanged: Kganyago

21 September 2023, 3:06 PM
Auditor-General Tsakani Maluleke addressing the media after tabling her reports into the national and provincial governments.

Stable, effective local government needs ethical professionals: AG

21 September 2023, 1:07 PM
Minister of Employment and Labour - Thulas Nxesi, briefing the media following the Auditor General’s report on UIF Covid-19 TERs benefit, 2 September 2020

Nxesi agrees with limiting affirmative action targets to Blacks, Whites

21 September 2023, 12:56 PM
Farming

Rising costs for N. Cape farmers threaten consumers’ food security

21 September 2023, 12:14 PM
Next Post
SABC workers went on a nation-wide strike on Thursday morning.

SABC will continue with its normal programming

Most Viewed

  • 24hrs
  • Week
  • Month
  • High waves and rough water conditions force beach closures in the Western Cape
  • Prince Mangosuthu Buthelezi to rest in the town he built and nurtured
  • Another hijacked building catches fire in Joburg
  • UPDATE: Public warned not to go to W Cape beaches as another spring tide expected
  • Spring high tide leaves trail of destruction along Garden Route
  • High waves and rough water conditions force beach closures in the Western Cape
  • Prince Mangosuthu Buthelezi to rest in the town he built and nurtured
  • NSPCA files criminal case against Julius Malema for alleged animal cruelty
  • Snow, heavy rainfall expected in parts of KZN: SAWS
  • Cold-front sweeps across SA bringing snow and chilly temperatures
  • Joburg residents face water supply disruptions following thunderstorm
  • IEC in Limpopo dismisses officials for tampering with voter registration
  • Limpopo farmer helping with establishing food gardens
  • Cosatu in Gauteng keeps an eye on labour developments in Tshwane
  • Polokwane, surrounding areas brace for 12-hour water shedding

LATEST

[FILE IMAGE] Taxis wait to receive passengers at a taxi rank.
  • Business

eThekwini municipality, Taxi association seek to resolve uMhlanga Rocks rank dispute


  • Politics

LIVE| Exclusive interview with former South African President Thabo Mbeki


Maize crop seen on a farm.
  • Business

Changing weather patterns fuel acute food insecurity for 140 million Africans: Report


Egyptian rescuers continue searching for bodies  in the aftermath of the floods in Derna, Libya September 21.
  • Africa

Libya floods sweep away migrants, and their hopes


  • South Africa

LIVE | ANC briefing on current developments including NHI


[FILE IMAGE] NSRI rescue team.
  • South Africa

SA Navy releases names of sub-mariners in Kommetjie tragedy


Weather

  • About the SABC
  • Contact Us
  • Jobs
  • Advertise
  • Disclaimer
  • Site Map

SABC © 2023

No Result
View All Result
  • SOUTH AFRICA
  • POLITICS
  • BUSINESS
  • SPORT
  • AFRICA
  • WORLD
  • FEATURES
  • OPINION

© 2023

Previous DA probes Denel’s financial crisis
Next SABC will continue with its normal programming