Retail sales in Indonesia rose during the month of August, gains being led by surge in food as well as non-food items such as spare parts and accessories.
Indonesia's annual retail sales in August grew at a much faster pace of 14.4 percent, data released by Bank Indonesia showed Tuesday. July annual retail sales growth was revised to 6.3 per cent from the 6.7 per cent reported previously.
The survey of 700 retailers in 10 major cities predicted that September retail sales growth would reach 15.7 per cent from a year earlier, also led by food and non-food sales. However, the survey predicted retail sales will be slowing in November due to seasonal factors. It also showed that price pressures would be higher in November, Reuters reported.


Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility
Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound
Best Gold Stocks to Buy Now: AABB, GOLD, GDX
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 



