News

Industries

Companies

Jobs

Events

People

Video

Audio

Galleries

My Biz

Submit content

My Account

Advertise

Design & Manufacturing News South Africa

Oct wholesale trade sales +0.4%

Wholesale trade sales at constant (2000) prices for October grew 0.4% year-on-year (y/y) from a revised +5.1% (+5.5%) in September, Statistics South Africa data showed today, Wednesday 8 December 2010.

In addition, wholesale trade sales at constant 2000 prices for the three months ended October increased by 3.5% compared with the three months ended October 2009, while sales for the same period in 2009 decreased by 10.2%.

Seasonally adjusted wholesale trade sales for the three months ended October decreased by 0.3% compared with the three months ended July 2010.

Stats SA added that wholesale trade sales, at current prices, for October increased by 5.9% compared with October 2009, while sales for the corresponding period in 2009 decreased by 14.3%.

Wholesale trade sales, at current prices, for the three months ended October increased by 9.5% compared with the three months ended October 2009.

Stats SA noted that the major contributors to this increase were dealers in solid, liquid and gaseous fuels and related products (19.7% and contributing 3.6 percentage points) and dealers in food, beverages and tobacco (14.2% and contributing 2.4 percentage points).

Wholesale trade began the year with major losses, posting a 10.9% y/y decline in January following -5.3% in December.

The declines then slowed to -2.1% in February then lifted 1.5% in March and 1.6% in April. Wholesale trade sales have shown positive growth since March.

Source: I-Net Bridge

For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.

We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.

Go to: http://www.inet.co.za



Let's do Biz