Thursday, June 21, 2007

S.Africa Q2 retail confidence up at record high - survey

(Reuters) - Confidence among South Africa's retailers rebounded in the second quarter of 2007, buoyed by still high consumer spending and despite higher interest rates.

The Bureau for Economic Research said retail confidence increased to 91 index points -- equal to a high reached in the fourth quarter of 2006 -- from 87 in the first quarter on 2007.


Read more at Reuters Africa

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