Retail in Asia

In Trends

Sales of Indonesian electronic items surge 11pc

Earnings from sales of locally produced electronic items surged 11 percent in the first four months of 2012 compared to a year earlier, while the promise of even higher growth is fuelling a rush by manufacturers to boost their production in Indonesia.

Yeane Keet, the deputy secretary general of the Indonesian Electronics Association (Gabel), said on Sunday that sales of electronic items from January through April amounted to IDR8.11 trillion (USD860 million), compared to IDR7.3 trillion in the same period last year.

He said television sets accounted for nearly half, or 46 percent, of the total sales amount, followed by refrigerators (22 percent), air conditioners (16 percent) and washing machines (13 percent).

(Source: Jakarta Globe )