Indonesian retail sales growth speeds up

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

Indonesian retail sales surged 9.1 per cent in February – a rate higher than anticipated.

The growth rate appeared to be driven by shoppers splurging on Lunar New Year celebrations as well as an increase in apparel sales during the month.

February’s rise followed a 7.2 per cent improvement in January and government statisticians have predicted a rise of 8 per cent for March.


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