August 8, 2019 / 3:23 AM / 17 days ago

Indonesia's June retail sales fall 1.8% y/y - c.bank survey

JAKARTA, Aug 8 (Reuters) - Retail sales in Indonesia declined 1.8% in June, compared with an annual growth rate of 7.7% a month earlier, a central bank survey showed on Thursday.

The last decline from a year earlier was in January 2018, when retail sales also dropped 1.8%.

The survey predicted retail sales would rise 2.3% on an annual basis in July, when the new school year begins. (Reporting by Tabita Diela; Editing by Richard Borsuk)

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