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South African retail sales jump by 4.2%

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South African shoppers proved resilient to kick off 2026, as data from Statistics South Africa showed a jump in retail sales of 4.2% in January. FNB senior economist Siphamandla Mkhwanazi warns that while this points to stabilization in the local consumer economy, upward growth is constrained by affordability constraints and uneven spending growth.
18 Mar 4PM English South Africa Business News · Investing

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