Wholesale trade sales decreased by 6, 3% year on year in April

 

South African businesses continue to experience challenging economic circumstances on various fronts. This was echoed by data released by Statistics South Africa (StatsSA) yesterday showing that, wholesale trade sales decreased by 6,3% year-on-year in April 2015, measured in real terms (constant 2012 prices). Seasonally adjusted wholesale trade sales decreased by 6, 5% in April 2015 compared with March 2015. This followed month-on-month changes of 3, 0% in March 2015 and 2, 0% in February 2015.

Seasonally adjusted wholesale trade sales increased by 2, 0% in the three months ended April 2015 compared with the previous three months.

Sales at current prices: results for April 2015

Measured in nominal terms (current prices), wholesale trade sales decreased by 4, 1% in April 2015 compared with April 2014. The major contributor to this decrease was dealers in solid, liquid and gaseous fuels and related products (-19, 5% and contributing -4, 5 percentage points).

Wholesale trade sales increased by 0, 2% in the three months ended April 2015 compared with the three months ended April 2014. The largest positive contributors to this increase were dealers in:
• food, beverages and tobacco (7,7% and contributing 1,2 percentage points);
• ‘other’ goods (13,4% and contributing 1,1 percentage points); and
• ‘other’ household goods except precious stones (10,3% and contributing 1,0 percentage point).

Dealers in solid, liquid and gaseous fuels and related products was a significant negative contributor (-15, 8% and contributing -3, 6 percentage points).

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