Indonesia retail sales growth at five-month high

Tidak-Liburan-Ke-Luar-Kota-Ide-Staycation-Dan-Liburan-Di-Jakarta-Ini-Akan-Sangat-Membantu-Kalian-1024x730.jpg

Indonesian retail sales grew at their fastest rate in five months, according to government data.

Growth levels are currently at 3.6 percent, the highest increase over last year’s figures in five months. Growth for the previous month stood at just 0.7 percent.

The figures were released as part of a central bank survey, which showed that sales of food and auto parts were largely behind the measured increase. Sales of communications equipment, however, were lower than expected during the period.

The survey results predict growth in Indonesian retail sales for November at 3.4 percent.


About Retail News Asia

Retail News Asia is committed to providing local and global retailers with the latest news from the Asian retail market on a daily basis.

We have resources for everyone from independently owned business owners to online-only retailers and major chains expanding their reach throughout the Asian market. Retail News is “the news source” with over 50 weekly posts and 13,6 million readers.


CONTACT US

CALL US ANYTIME

Most read



Retail updates

Stay up to date of the lates updates and retail news from Asia.








X