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South Africa's retail sales growth slowed to 1.6% in February.
South Africa's retail sales growth slowed to 1.6% year-on-year in February, down from 4.4% in January, with a 1% monthly decline.
While motor vehicle sales rose 9.4%, food and beverage sales dropped 5%.
Experts attribute the slowdown to fading back-to-school spending and moderating wage growth, signaling softer consumer demand ahead.
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El crecimiento de las ventas al por menor de Sudáfrica se desaceleró al 1,6% en febrero.