ECO­NOMIC WEEK AHEAD

Weekend Argus (Saturday Edition) - - FRONT PAGE -

sec­tor earned 11 cents of profit for ev­ery rand of turnover gen­er­ated.

Busi­ness ser­vices took the top spot as the in­dus­try with the high­est profit mar­gin ra­tio, fol­lowed by per­sonal ser­vices, man­u­fac­tur­ing, trans­port and trade.

The elec­tric­ity, gas and wa­ter sup­ply in­dus­try, as well as min­ing, ex­pe­ri­enced losses as these in­dus­tries spent more than they re­ceived in rev­enue.

In ad­di­tion to the above re­leases, there will also be data re­leases on whole­sale trade, mo­tor trade, build­ing plans as well as sta­tis­tics on civil cases for debt.

Whole­sale trade has been sub­dued for the past few months, but given the large in­crease in the maize har­vest, we should see some y/y in­creases shortly.

Real whole­sale trade sales fell by 1.4% y/y in Au­gust af­ter a 1.8% y/y drop in July.

As ex­pected mo­tor trade sales re­turned to a y/y in­crease in Au­gust af­ter a 1.8% y/y fall in July and jumped by 4.1% y/y.

Growth at a sim­i­lar level should con­tinue in Septem­ber as new ve­hi­cle sales grew by 7.0% y/y in Septem­ber af­ter a 6.7% y/y gain in Au­gust.

The new ve­hi­cle sales are re­ported in terms of the num­ber of ve­hi­cles sold, whereas

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