Home BI Survey: Indonesia’s retail sales rise 1.1% y/y in Aug

BI Survey: Indonesia’s retail sales rise 1.1% y/y in Aug

Updated: 9 Oct. 2019 | 09:22

According to the latest survey conducted by Bank Indonesia (BI), the Indonesian central bank, released earlier on Wednesday, Indonesia’s retail sales rose 1.1% on the year in August vs. a 2.4% rise seen in July.

The survey also predicted retail sales would rise 2.1% on an annual basis in September, Reuters reports.

Retail sales were mainly driven by automotive spare parts and accessories as well as household goods such as electronics and furniture.

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