- June 10, 2021
- Posted by: admin
- Category: Daily News
- Retail sales in Indonesia expanded for the first time in 17 months in Apr 21, rising 15.6% y/y and compared with a 14.6% fall in Mar 21, a central bank survey showed on 10 Jun 21.
- The pace of the increase was the highest since 2016 on a low base effect as sales were hit in Apr 20 due to coronavirus restrictions.
- Bank Indonesia said rising purchases during the Muslim fasting month also boosted the numbers.
- BI predicts a 12.9% rise in retail sales in May 21.
External Link : https://www.reuters.com/article/idUSP8N2MS014