Anxious Anticipation of Retailers in the Second Half of 2024

RETAIL INDUSTRY - JAKARTA. Despite a slowdown in purchasing power, the retail sector's performance is projected to continue growing. The increasingly stable domestic economy is a driving factor.

BRI Danareksa Securities analyst, Natalia Sutanto, stated that this sector's performance will still grow in the first half of 2024. The retail sector is expected to report a quarterly growth of 30% in core profits in the second quarter of 2024, or a 4.5% annual growth. Cumulatively, it is predicted to grow 10% year on year in the first half of 2024.