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20.07.201706:20:00UTC+00S. Africa Wholesale Sales Fall For Second Month

South Africa's wholesale sales declined for the second straight month in May, preliminary figures from Statistics South Africa showed Thursday.

Wholesale trade fell an unadjusted 4.1 percent year-over-year in May, which was worse than the 2.7 percent decrease in April.

On a monthly basis, wholesale sales dropped 3.6 percent in April, reversing a 2.3 percent rise in April.

At current prices, wholesale sales grew 0.9 percent annually in May, while it slid 3.3 percent from the preceding month.



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