Indonesia retail sales drop 14.6% y/y in March, better than forecast, says central bank

People wearing protective face masks shopping in Tanah Abang textile market ahead of Eid al-Fitr festival amid the coronavirus disease (Covid-19) outbreak in Jakarta, Indonesia, May 3, 2021. - Reuters

JAKARTA, May 11 (Reuters): Retail sales in Indonesia fell at a slower pace of 14.6% on annual basis in March, compared with an 18.1% fall in February, a central bank survey showed on Tuesday.

Stronger fuel sales were supportive, although sales of clothes and recreational amenities continued to show drops during the month, the survey showed.