Retail Sales in Indonesia increased 0.40 percent in November of 2019 over the previous month. Retail Sales MoM in Indonesia averaged 1 percent from 2003 until 2019, reaching an all time high of 26 percent in October of 2006 and a record low of -22.30 percent in November of 2006. source: Bank Indonesia
Retail Sales MoM in Indonesia is expected to be 4.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales MoM in Indonesia to stand at -2.50 in 12 months time. In the long-term, the Indonesia Retail Sales MoM is projected to trend around 3.40 percent in 2020, according to our econometric models.