JAKARTA, July 8 Indonesia's annual retail sales
growth slowed in May compared to the previous month due to
slower paces of purchases of food, beverages and tobacco, a Bank
Indonesia survey showed on Tuesday.
Retail sales rose 15.0 percent from May year-on-year, slower
than a revised 15.9 percent in April.
The survey of 650 retailers in 10 major cities showed
expectations that sales will slow in the next three months,
after consumption returns to normal following the Muslim fasting
The survey also showed a preliminary forecast for annual
growth in retail sales in June of 11.8 percent to reflect
weakening demand for cultural and recreational goods.
(Reporting by Nilufar Rizki; Editing by Randy Fabi and Richard