ECONOMIC WEEK AHEAD: Retail sales take spotlight as cost-of-living crisis bites

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Economists expect contraction in retail sales for April as consumers have less to spend

SA’s retail sales are likely to have contracted further in April month on month, reflecting a cost-of-living crisis.

Higher inflation and interest rates are starting to erode consumers’ disposable income, leaving less to spend on food, clothes and other items...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

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