National retail sales in the January-June 2017 period slowed compared to the same period the previous year (YoY). Nielsen Retail Audit data presented by PT Sumber Alfaria Trijaya Tbk shows that national retail sales in the first half of this year grew by only 3.7 percent, down from 10.2 percent previously.
In the modern market, retail sales growth in the first half of this year slowed to 4.8 percent from 11.4 percent previously. For minimarkets, growth slowed to 7.04 percent from 18 percent previously. Meanwhile, hyper/supermarkets actually grew by 0.4 percent, up from only 0.1 percent previously.
The slowdown was not only experienced in the modern market but also by the traditional market. Retail sales growth in the traditional market in the first six months of 2017 also slowed to 2.9 percent, down from 9.4 percent previously. A sluggish domestic economy and decreased consumer purchasing power have impacted retail sales in Indonesia.
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