Reuters logo
Indonesia Oct retail sales growth slows to 7.6 pct
December 9, 2016 / 10:27 AM / a year ago

Indonesia Oct retail sales growth slows to 7.6 pct

JAKARTA, Dec 9 (Reuters) - Indonesia’s annual retail sales in October grew at a slower pace of 7.6 percent, as sales of food items slowed, a Bank Indonesia survey showed on Friday.

September annual retail sales growth was revised to 10.7 percent from a previously reported 6.5 percent.

The survey of 700 retailers in 10 major cities predicted that November retail sales growth would barely change at 7.9 percent from a year earlier, led by food and non-food sales.

The survey showed that price pressures were expected to decrease in the next three months. It also predicted that demand will slow in January. (Reporting by Nilufar Rizki; Editing by Kim Coghill)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below