South Africa’s wholesale sales declined for the second straight month in February, data from Statistics South Africa showed on Thursday.
Wholesale sales decreased an unadjusted 3.9 percent year-on-year in February, following a 6.4 percent fall in January.
On a monthly basis, wholesale sales rose a seasonally adjusted 1.3 percent in February, after a 0.9 percent fall in the previous month.
For the three months ended in February, wholesale sales rose 0.5 percent, after a 0.6 percent decrease in the previous three months ended in January.
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