Retail sales in Indonesia increased by 7.7 percent year-on-year in May 2019, accelerating from a 6.7 percent growth in the previous month, mainly due to the Islamic holy month of Ramadan, which began on May 5 this year. Sales rose for: clothing (43.9 percent vs 22.8 percent in April); food, beverages and tobacco (6.4 percent vs 5.8 percent); and fuel (0.8 percent vs -0.1 percent). Meantime, sales growth slowed for cultural and recreational goods (1 percent vs 3.6 percent); motor vehicles and parts (25.4 percent vs 25.8 percent); and household equipment (7.0 percent vs 10.5 percent). On the other hand, sales of communications equipment and information continued to fall (-9.6 percent vs -7.9 percent). Retail Sales YoY in Indonesia averaged 9.66 percent from 2006 until 2019, reaching an all time high of 40.30 percent in January of 2010 and a record low of -26.30 percent in November of 2008.

Retail Sales YoY in Indonesia is expected to be 2.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales YoY in Indonesia to stand at 6.00 in 12 months time. In the long-term, the Indonesia Retail Sales YoY is projected to trend around 5.10 percent in 2020, according to our econometric models.

Indonesia Retail Sales YoY
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Calendar GMT Actual Previous Consensus TEForecast
2019-04-09 04:30 AM Retail Sales YoY Feb 9.1% 7.2% 6%
2019-05-07 03:00 AM Retail Sales YoY Mar 10.1% 9.1% 8%
2019-06-14 03:10 AM Retail Sales YoY Apr 6.7% 10.1% 6.2%
2019-07-09 03:00 AM Retail Sales YoY May 7.7% 6.7% 9.1%
2019-08-08 12:40 PM Retail Sales YoY Jun 7.7% 2.5%
2019-09-10 10:00 AM Retail Sales YoY Jul
2019-10-09 01:00 PM Retail Sales YoY Aug


Indonesia Consumer Last Previous Highest Lowest Unit
Consumer Confidence 126.40 128.20 128.20 9.60 Index Points [+]
Retail Sales MoM -0.40 5.50 26.00 -22.30 percent [+]
Retail Sales YoY 7.70 6.70 40.30 -26.30 percent [+]
Consumer Spending 1442320.30 1441814.00 1442320.30 926097.50 IDR Billion [+]
Consumer Credit 2445720.00 2416958.00 2445720.00 27200.00 IDR Billion [+]
Households Debt To GDP 17.00 17.00 17.10 6.20 percent of GDP [+]
Gasoline Prices 0.46 0.45 0.79 0.16 USD/Liter [+]
Consumer Confidence Current Conditions 113.70 115.00 115.80 52.00 [+]
Consumer Confidence Economic Expectations 131.00 136.90 143.40 64.30 [+]


Indonesia Retail Sales YoY

In Indonesia, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago. This page provides - Indonesia Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news. Indonesia Retail Sales YoY - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
7.70 6.70 40.30 -26.30 2006 - 2019 percent Monthly




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