February 10, 2025
UGLY BETI: January retail data and February BankservAfrica Economic Transactions Index add to SA’s economic gloom

Retail trade sales fell by 0.8% in the year to January while the BankservAfrica Economic Transactions Index (Beti) for February also declined, signalling tough times for the South African consumer and the wider economy. The one green shoot was a 1.5% monthly rise in retail trade sales in January compared with December…
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