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Indonesian retail sales fell 16.3 per cent in November

By Sarah Chen
1 min read
Indonesian retail sales fell 16.3 per cent in November
Indonesian retail sales fell 16.3 per cent in November
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Retail sales in Indonesia dropped 16.3% year-on-year in November following a 14.9% fall a month earlier, a central bank survey showed on Tuesday.

Sales of telecommunication types of equipment and other household goods contracted in November, the survey showed.

The survey also forecasts an even deeper contraction of 20.7% in December.

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