12 September 2023 Emerging Asia Monitor Weak Q3 Start to Retail Sales in Indonesia, as Expected

Retail sales growth in Indonesia collapsed to 1.6% in July, as favourable Ramadan noise subsided...
...Food sales alone are keeping the headline in the black; unsurprisingly, price expectations are falling.
Malaysian retail sales growth moderated to 5.5% in July, from 5.8% in June, settling at a new normal.

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