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Indonesia’s retail sales growth slows in November 2024

JAKARTA, Jan. 10 (Xinhua) — Retail sales in Indonesia grew at a slower pace in November last year but were predicted to rise in December, according to a survey released by Bank Indonesia on Friday.

Retail sales grew 0.9 percent year-on-year in November, down from 1.5 percent in October.

The slower growth in November was attributed to reduced purchases of cultural and recreational goods, automotive spare