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SA December motor trade sales up 2.6% y/y

The highest annual growth rates were recorded for workshop income (5.1%)‚ fuel sales (4.3%)‚ sales of accessories (2.8%) and used vehicle sales (2.3%).
The seasonally adjusted motor trade sales decreased by 2.6% in December compared with November. This followed month-on-month changes of -1.0% last November and 0.8% in October‚ the data showed.
Seasonally adjusted motor trade sales decreased by 2.5% in the fourth quarter of last year compared with the previous quarter.
Motor trade sales increased by 2.8% in the fourth quarter of 2013 compared with the fourth quarter of 2012. The major contributors to this increase were: fuel sales‚ new vehicle sales and sales of accessories.
Source: I-Net Bridge

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