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South Africa Retail Sales Growth Improves In November

South Africa's retail sales grew at a faster pace in November, data from Statistics South Africa showed Wednesday.

Retail sales rose 2.6 percent year-on-year in November, following a 0.4 percent increase in October and September.

The largest contribution to the growth came from retailers in food, beverages and tobacco in specialized stores, general dealers, retailers in household furniture, appliances and equipment, and retailers in textiles, clothing, footwear and leather goods.

On a month-on-month basis, retail sales increased 3.1 percent in November, after a 0.1 percent rise in the previous month.

In the three months ended in November, retail sales grew 1.2 percent, after a 0.1 percent fall in the preceding three months.

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