Drop in Indonesia retail sales moderates in January

Drop in Indonesia retail sales moderates in January

Today·2021-03-09 13:02

JAKARTA - Retail sales in Indonesia dropped 16.4% year-on-year in January, slower than the 19.2% fall a month earlier, as sales of food and beverages, tobacco and clothes improved, according to a central bank survey released on Tuesday.

The survey forecast a 16.5% contraction in February. REUTERS

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