September Indonesia retail sales edge up 0.7 per cent
September Indonesia retail sales rose 0.7 per cent year on year.
Real Sales Index of Bank Indonesia showed that the country’s retail sales maintained positive growth despite falling 1.1 per cent in August. Most of the growth was driven by sales of automotive spare parts and accessories and household equipment.
Sales in October are anticipated to grow by 2.9 per cent as sales in automotive spare parts and accessories, information equipment and communications, and food, beverage and tobacco groups are projected to continue momentum.