World

Indonesia's retail sales grow 0.7pc y/y in December

Published February 6, 2018 Updated February 6, 2018 12:55pm

Growth was held back by a contraction in sales of household utensils, information and communication equipment, motor vehicles spare parts and accessories, it said.

November retail sales grew at 2.5 percent year-on-year, supported by food, beverages and automotive fuels.

The survey of 700 retailers in 10 major cities projected that January retail sales would grow 1.4 percent from a year earlier.

 

Copyright Reuters, 2018