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JOHANNESBURG (Reuters) - South Africa s Mr Price on Friday posted a 5.8% rise in third-quarter retail sales, supported by COVID-19 relief packages and demand for household items as people worked from home during the health crisis.
The budget clothing and homeware retailer said total retail sales increased to 7.5 billion rand ($500.5 million) for the three months ended Dec. 26, with the apparel division posting a 3.9% rise.
Economic assistance provided by the government and private sector from the start of the COVID-19 pandemic provided temporary financial relief to households and supported consumer spending, helping the group s combined retail sales for October and November rise 5.9%, Mr Price said.