August 8, 2018 / 1:00 PM / 2 months ago

Indonesia's retail sales growth slows to 2.3 pct y/y in June

JAKARTA, Aug 8 (Reuters) -

* Retail sales in Indonesia grew at a slower pace of 2.3 percent in June from a year earlier, compared to May’s 8.3 percent growth, as demand moderated after the end of the Muslim fasting month, a central bank survey showed on Wednesday.

* The survey predicted July’s retail sales year-on-year growth would rise slightly to 3.4 percent. (Reporting by Nilufar Rizki Editing by Clarence Fernandez)

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