The central bank (Bank Indonesia/BI) reported Monday that retail sales in Indonesia increased 3.7% year on year (yoy) in February 2017, slower than 6.3% growth in January. It was the lowest growth since August 2013. Sales rose at a slower pace for food, beverages, and tobacco (5.1%), communications equipment and information (6.1%), cultural goods (2%), motor vehicles and parts (10.9%), and household equipment (1.4%). In addition, sales fell for fuel (-10.2% from -9.9%) and clothing (-12.4% from -14.4%). On a monthly basis, sales dropped 4.9%.
