Advertisement
UK markets open in 45 minutes

  • NIKKEI 225

    37,576.67
    +138.06 (+0.37%)
     

  • HANG SENG

    16,792.99
    +281.30 (+1.70%)
     

  • CRUDE OIL

    83.02
    +0.17 (+0.21%)
     

  • GOLD FUTURES

    2,322.10
    -24.30 (-1.04%)
     

  • DOW

    38,239.98
    +253.58 (+0.67%)
     

  • Bitcoin GBP

    53,983.16
    +272.52 (+0.51%)
     

  • CMC Crypto 200

    1,401.74
    -13.02 (-0.92%)
     

  • NASDAQ Composite

    15,451.31
    +169.30 (+1.11%)
     

  • UK FTSE All Share

    4,362.60
    +66.19 (+1.54%)
     
Stock:

Trending tickers

Tesla, Nvidia, Tencent, Fresnillo

Indonesia May retail sales contract the most in 12 years, central bank says

Reuters
FILE PHOTO: A woman wearing a protective face mask walks past closed street vendors booths at a traditional market amid the spread of the coronavirus disease (COVID-19) in Jakarta

JAKARTA (Reuters) - Indonesia's retail sales tumbled 20.6% in May on the year for their biggest fall since October 2008, and accelerating from the previous month's contraction, a central bank survey showed on Wednesday.

There were steeper falls in purchases of clothes and recreational spending in May than the previous month, the survey showed. Retail sales fell 16.9% on an annual basis in April.

The Bank Indonesia survey predicted the drop in sales to slow to 14.4% in June.

(Reporting by Tabita Diela; Editing by Clarence Fernandez)