Retail sales in Indonesia decline
By Mei Ling Tan
1 min read
Retail sales in Indonesia declined 1.8 percent in June, compared with an annual growth rate of 7.7 percent a month earlier, a central bank survey showed on Thursday.
The last decline from a year earlier was in January last year when retail sales also dropped 1.8 percent.
The survey predicted retail sales would rise 2.3 percent on an annual basis in July, when the new school year begins.