The central bank (Bank Indonesia/BI) indicates that year-on-year (y/y) retail sales per November 2015 has been improving, supported by sales growth in food, beverage, and tobacco. The Bandung municipality in particular posted higher growth for retail sales. Consumers were more upbeat on economic conditions in November 2015, citing job availability, coupled with current income expectations, and conditions for buying durable goods.To subscribe please click here
