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Downturn in retail sales slows in June

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South Africa's retail sales downturn has eased, amidst the relaxing of lockdown restrictions. The 7.5% sales decline recorded in June, shows a marked improvement from the record lows seen earlier this year. Business Day TV spoke to Kevin Lings, Chief Economist at Stanlib about the print, and whether it could be an indication of a sustainable, albeit slow, recovery for the sector.
12 Aug 2020 2AM English South Africa Business · Business News

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