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Indonesia Retail Sales Growth Slows In August

Por: RTTNews Business October 11, 2022

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The Indonesian retail sector continued to expand in August, albeit at a slower pace, and retailers estimated that the positive trend continued in September, the results of a survey by Bank Indonesia showed on Tuesday.Retail sales climbed 4.9 percent year-on-year in August, following a 6.2 percent rise in July.The overall growth in August was underpinned by increasing growth in food, beverages, and tobacco amid persistently strong growth in... + full article



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