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South Africa’s wholesale trade sector shows signs of stabilisation in November
The Mercury
|January 26, 2026
WHOLESALE trade sales indicated a decrease by 0.8% in November 2025 compared with November 2024.
An economist believes that the economy is still stabilising.Stats SA said that seasonally adjusted wholesale trade sales increased by 2.0% in November 2025 compared with October 2025. “This followed month-on-month changes of 0.1% in October 2025 and -0.9% in September 2025”
Stats SA added that in the three months ended November 2025, seasonally adjusted wholesale trade sales increased by 0.5% compared with the previous three months. “Measured in nominal terms (current prices), wholesale trade sales increased by 1.2% in November 2025 compared with November 2024. The main positive contributor was dealers in solid, liquid and gaseous fuels and related products (5.0% and contributing 1.0 percentage point). Wholesale trade sales increased by 1.0% in the three months ended November 2025 compared with the three months ended November 2024. The main positive contributor was dealers in machinery, equipment and supplies (4.0% and contributing 0.6 of a percentage point).”
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