Indonesian Retail Sales Down Last Month
By Mei Ling Tan
1 min read
Indonesian retail sales grew by 10.1 percent in March following a 9.1 percent increase in February, according to central bank survey data.
The strong March performance was underpinned by sales of apparel along with automotive parts and accessories.
However, the bank’s survey predicted that Indonesian retail sales growth will rise by a more modest 5.7 percent in April, the same figure it projects for the full year.