Jakarta (ANTARA News) - Retail turnover has reached Rp40 trillion by July 2010, according to the general chairman of the Association of Indonesian Retailers (Asprindo), Benjamin Mailool, on Saturday.

"Sales until this moth has reached Rp35 to Rp40 trillion," he said after the launching of Care Coins Movement.

He said the growth in retail turnover was expected to be bigger in the third quarter due to the Islamic fasting month from August to September when consumption usually reaches the highest.

"Sales during post-fasting festivity rise steeply to 35 to 40 percent. Indeed distribution is not equal from quarter to quarter as this is mere seasonal," he said.

Benjamin said retain turnover kept increasing every year at an average of 15 percent.

The growth spreads equally among retailers such as Hypermarket, Supermarket and mini-markets.

This year he said he expected total turnover to reach Rp100 trillion.

The growth of retail outlets is still increasing between seven to 10 percent a year. "This year they total 12,000 and next year it will grow 10 percent," he said.

He said the growth in retail outlets has already begun since early January at a rate of five percent to catch up with the fasting month shopping season.

"The growth of minimarkets is the biggest because they are more flexible," he said.(*)

Editor: Jafar M Sidik
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