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Indonesia: Retail gross sales progress ebbs in August
Newest studying: Retail gross sales expanded 2.7% in comparison with the identical month a 12 months earlier in August, which was a deterioration from July’s 4.7% enhance. August’s slowdown was partly resulting from weaker readings for meals, drinks, and tobacco plus IT gross sales.
In the meantime, annual common retail gross sales progress fell to 2.2% in August (July: +2.5%). This indicators a worsening pattern within the retail commerce sector.
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