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US retail sales growth “lacklustre”; companies, not consumers, driving SA credit demand

EPISODE · Dec 1, 2025 · 10 MIN

US retail sales growth “lacklustre”; companies, not consumers, driving SA credit demand

from STANLIB Podcasts · host STANLIB

In this podcast, STANLIB’s Chief Economist, Kevin Lings, examines latest US retail sales data, including Black Friday. Black Friday sales, both in-store and online, were up 4% y/y, which is not particularly buoyant. He also looks at how corporate credit is driving the recent acceleration in SA’s growth in private sector credit. You can listen to the podcast [here]. STANLIB Asset Management (Pty) Ltd is an authorised Financial Services Provider in terms of the FAIS Act. This should not be construed as advice.

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US retail sales growth “lacklustre”; companies, not consumers, driving SA credit demand

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