Retail Sales Mad dogs and statisticians
What the?! That can’t be right! Retail sales up 7.1% for the month of August, you say, after a less than stealer 3% in July? Break out the Grand Mousseaux Vin Doux we saved from our Matric Dance after party! But what is this – a “statistical base effect”? Real sales up just 1.9% year-on-year with a 1.1% contraction from July to August, for a less than grand total of R42.9billion for the month? You disturb us strangely, with your talk of hard times in most sectors, particularly clothing, footwear and textiles, food and beverages, hardware, paint and glass, pharmaceutical, medical goods, cosmetics and toiletries. Still, Messrs. Basson and Badminton assure us that they are hopeful for a bumperish Xmas, so we’ll continue to, well, hope, we suppose.
Comment: It’ll all be fine, just as long as nobody says the “R” word. Lalalalalala, we can’t hear you!