Monday, January 23, 2012

Real retail sales growth rate - 4.5%in 2012: BMR

http://www.businesslive.co.za/southafrica/sa_markets/2012/01/22/real-retail-sales-growth-rate---4.5in-2012-bmr

Although retail sales should grow 4.5% in 2012,the greatest issue for retail sales is consumer confidence. Which will hurt if the economy doesn't get better. The past 10 years show about 47.0% of retail sales in the first, and 53% of sales in the second half of the year.

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