A further decline in SA agricultural machinery sales

Published: 05/07/2019

The South African agricultural machinery sales painted a slightly negative picture in April 2019. Tractor sales were down by 6% y/y and combine harvesters down by 21% y/y, both exceeded our expectations of a 3% respective decline.

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The South African agricultural machinery sales painted a slightly negative picture in April 2019. Tractor sales were down by 6% y/y and combine harvesters down by 21% y/y, both exceeded our expectations of a 3% respective decline.