March 10, 2020 / 3:20 AM / 25 days ago

Indonesia Jan retail sales fall 0.3% y/y

JAKARTA, March 10 (Reuters) - Retail sales in Indonesia contracted 0.3% in January from a year earlier due to falling sales of clothes, auto parts and accessories, according to a central bank survey released on Tuesday.

In comparison, the retail sales in December contracted 0.5%.

The Bank Indonesia survey predicted sales in February to have remained weak, estimating a year-on-year drop of 1.9%. (Reporting by Nilufar Rizki; Editing by Muralikumar Anantharaman)

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