Discount mania knocks retail sector

15 December 2019 - 05:00 By ASHA SPECKMAN

Months of heavy discounting in the retail industry are adding fuel to SA's lower-inflation environment, with the outlook for companies' margins looking grim.

Christie Viljoen, an economist and manager at PwC, said: "Lower-than-expected inflation could very well continue in coming quarters as the very weak economy eliminates any sign of demand-pull on prices."..

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