South Africa's wholesale sales grew at a softer pace in May, data from Statistics South Africa showed on Thursday.
Wholesale sales grew an unadjusted 31.3 percent year-on-year in May, after a 69.5 percent rise in April. Sales rose for the third straight month.
On a monthly basis, wholesale sales declined a seasonally adjusted 6.3 percent in May, after a 1.6 percent decline in the previous month.
For the three months ended in May, wholesale sales rose 3.3 percent, after a 2.7 percent increase in the previous three months ended in April.
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