News Snippets

Retail sales in Indonesia decline

Retail sales in Indonesia declined 1.8 per cent in June, compared with an annual growth rate of 7.7 per cent a month earlier, according to a central bank survey.

The last decline from a year earlier was in January last year, when retail sales also dropped 1.8 per cent.

The survey predicted retail sales would rise 2.3 per cent on an annual basis in July, when the new school year begins.

Previous ArticleNext Article