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StatsSA reveals overall increase in wholesale trade sales, despite seasonal decrease

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StatsSA has released its findings on wholesale trade sales for June 2021, noting that sales increased in June and in the second quarter of 2021.

Statistics South Africa (StatsSA) published its findings on South African wholesale trade sales on Thursday, 19 August 2021. It revealed that seasonally adjusted trade sales decreased by 5.1 percent month-on-month in June 2021, compared to May 2021, following month-on-month changes of 6.3 percent in May 2021 and -1.5 percent in April 2021.

Moreover, wholesale trade sales increased by 10.3 percent in June 2020, compared to June 2020, while in the second quarter of 2021, seasonally adjusted wholesale trade sales increased by 1.9 percent, compared to the first quarter of 2021. Sales at current prices also reflected that wholesale trade sales increased by 22.4 percent, with the main contributors being solid, liquid and gaseous (SLG)-related products at 58.5 percent, contributing 10.1 percentage points. In addition, ‘other’ household goods increased by 20.3 percent, contributing 3.0 points, food, beverages and tobacco (FBT) at 11.2 and 1.9 points and ‘other’ intermediate, waste and scrap products at 38.1 percent, contributing 1.7 points.

In the second quarter, wholesale trade sales increased by 45.8 percent, with main contributors being dealers in SLG products with 96.0 percent and 16.1 points, ‘other’ household goods with 37.0 percent and 5.4 points, construction and building with 122.0 percent and 4,8 points, and FBT with 19.3 percent contributing 3.6 points.

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