S.African stocks fall as commodity shares tumble, retail sales data disappoints
Published on: Wednesday 14 December 2022
South African stocks dropped about 2% on Wednesday, weighed down by a slump in commodity-focused shares and as weak local retail sales data raised concerns about consumer spending power in a high inflation economy.
News source: https://www.reuters.com/world/africa/south-african-rand-steady-before-inflation-retail-figures-2022-12-14/