Briefs
SA’s August retail sales up 2.1%
Growth in South Africa's retail sales was at 2.1 percent year-on-year in August, above market expectations but below the 2.4 percent expansion for July.
Economists polled by Reuters had forecast retail sales would increase by just 1.1 percent compared with the same month last year.
On a month-on-month basis, sales were up 0.6 percent, and rose 1.2 percent in the three months to August compared with the same period in 2013.