Retail sales data released gives a glimpse into the state of the economy

Retail sales data came out this week, giving a glimpse into the state of the local economy. And with the festive season almost upon us, the current figures suggest that consumers are heading for a slightly less merry season. The October 2016 SACCI trade survey also indicates constricted trade conditions. The Trade Activity Index remained on 51 down from 52 in September. For more news, visit: http://www.sabc.co.za/news