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13th Jun 2022 00:10Emerging Asia, Daily Monitor, Weekly Monitor

Retail sales growth in Indonesia slipped trivially in April; Ramadan demand was as strong as last year.

More broadly, sales are still playing catch-up, and inflation isn’t as painful, unlike in most of EM Asia.

Confidence is resurging, pointing to upside risks, though the job market recovery is incomplete.

consumer confidence job market labour labour market March public administration q4 retail sales retail sales growth sales growth unemployment wage growth

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Keywords for: Indonesian Retail Sales are Sitting Pretty, for Bad and Good Reasons

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