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Research News South Africa

January wholesale trade sales up 6.8%

Real wholesale trade sales at constant (2000) prices‚ increased by 6.8% year-on-year in January 2013 after rising 3.4% y/y in December 2012‚ Statisitics South Africa said Thursday, 14 March 2013.
January wholesale trade sales up 6.8%

Seasonally adjusted wholesale trade sales increased by 5.4% in January compared with December 2012. This followed month-on-month changes of -4.1% in December 2012 and 1.1% in November 2012.

Seasonally adjusted wholesale trade sales increased by 3.0% in the three months ended January 2013 compared with the previous three months.

Measured in nominal terms (current prices)‚ wholesale trade sales increased by 12.4% in January 2013 compared with January 2012. The major contributors to this increase were dealers in solid‚ liquid and gaseous fuels and related products (23.3% and contributing 5.5 percentage points); machinery‚ equipment and supplies (30.0% and contributing 3.6 percentage points); and 'other' household goods except precious stones (19.0% and contributing 2.0 percentage points).

Wholesale trade sales increased by 11.5% in the three months ended January 2013 compared with the three months ended January 2012. The major contributors to this increase were dealers in solid‚ liquid and gaseous fuels and related products (14.3% and contributing 3.3 percentage points); food‚ beverages and tobacco (15.5% and contributing 2.5 percentage points); agricultural raw materials and livestock (26.7% and contributing 1.5 percentage points); and machinery‚ equipment and supplies (11.7% and contributing 1.5 percentage points).

Source: I-Net Bridge

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