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WATCH: Data shows faint glimmer of hope for retailers

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Stanlib chief economist Kevin Lings talks to Business Day TV about the retail sector

SA’s retail sales slump has eased due to the relaxing of lockdown restrictions.

The 7.5% sales decline recorded in June, shows a marked improvement from the record declines recorded earlier in 2020.about the data and whether it could be an indication of a sustainable, albeit slow, recovery for the sector.

 

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