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Jakarta Post

Retailers upbeat about Idul Fitri sales target

  • The Jakarta Post

Jakarta   /   Wed, June 13 2018   /  01:46 am

Retail businesses are hoping to boost their sales ahead of Idul Fitri, which will likely be celebrated on Friday and Saturday.On Monday, Indonesian Retailer Association (Aprindo) secretary-general Solihin said Idul Fitri would hopefully boost the retail sales of fast moving consumer goods by about 12 to 15 percent over the previous month.Solihin added that the association was also upbeat about fashion retail sales, which were expected to increase by 20 percent.According to Aprindo chairman Roy Nicholas Mandey, as reported by kontan.co.id, overall retail sales during Ramadan and Idul Fitri would likely increase by around 15 to 20 percent over the previous monthly average.Solihin said retailers were optimistic about an increase in sales.“We hope that we will achieve the levels of sales growth because the government has decided to provide Idul Fitri bonuses and 13th month salaries to civi...