Jakarta, Sept. 11 -- Indonesia's central bank expects retail sales to grow in August, pointing to stronger demand for motor fuel, spare parts and recreational goods despite recent monthly contractions.
Bank Indonesia said Thursday its Real Sales Index (RSI) is forecast to climb 2.7 percent year-on-year in August 2025.
"The performance is mainly supported by growth in spare parts and accessories, motor vehicle fuel, as well as cultural and recreational goods," said Ramdan Denny Prakoso, the bank's communications director.
On a monthly basis, sales are projected to dip 0.3 percent in August, an improvement from July's 4.1 percent drop.
The food, beverage and tobacco group along with clothing helped soften August's decline, the survey fo...
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