Retail sales slowly dropping

By Staff Writer

Retail sales drop over two months  
By Mariam Isa
From Businessday.co.za

RETAIL sales fell for the second month in a row in April, defying forecasts for a rebound and adding to evidence that consumer demand, the economy's main growth engine, has slowed sharply in response to rising interest rates.

Justmoney.co.za says:

The economy is slowly responding to Tito tightening up the interest rates. However we need to weather the storm still. Consolidate your debt, see if your credit card is delivering for you, if not transfer it. Does your bank account deliver for you? Are your savings accounts getting you the best available rate? The answer to these questions and more at Justmoney.co.za.

 

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