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April wholesale trade sales jump 5.7% y/y

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Cape Town – Wholesale trade sales increased by 5.7% in April 2016 compared with April 2015, Statistics SA announced on Wednesday.

Seasonally adjusted wholesale trade sales decreased by 1.9% in April compared with March. This followed month-on-month changes of 0.8% in March and 2.9% in February, Stats SA explained.

In the three months ended April 2016, seasonally adjusted wholesale trade sales increased by 2% compared with the previous three months.

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