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16.02.2024 08:21:45
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Indonesia Retail Sales Growth Improves In January
(RTTNews) - Indonesia's retail sales grew at a faster pace in January, led by increased demand for clothing, household equipment and food, preliminary data from the Bank Indonesia showed Friday.
Retail sales rose 3.7 percent year-on-year in January, following a 0.2 percent gain in December.
Compared to the previous month, sales shrunk 1.0 percent after a 4.9 percent surge in the previous month when the festival holidays season boosted demand.
Sales declined in the automotive fuel, clothing, culture and recreation, and food, beverages and tobacco groups.
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