Retail sales in Indonesia declined by 4.5 percent year-on-year in March 2020, after a 0.8 percent drop in the previous month. This was the fourth straight month of decline in retail trade, and the steepest fall since September 2011, amid restriction measures that led consumers to stay at home. There were seen lower purchases of clothing (-60.5 percent vs -40.4 percent in February), information & communication equipment (-7.6 percent vs -4 percent), cultural & recreational goods (-20.5 percent vs -16.8 percent), and fuel (-18.7 percent vs -4.6 percent). By contrast, food, beverages & tobacco trade growth accelerated to 3.7 percent from 3.2 percent. On a monthly basis, retail sales rose 1.6 percent in March, the first increase since last December, following a 0.5 percent drop in February.

Retail Sales YoY in Indonesia averaged 9.24 percent from 2006 until 2020, 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. This page provides - Indonesia Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news. Indonesia Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on May of 2020. source: Bank Indonesia

Retail Sales YoY in Indonesia is expected to be 6.00 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 5.10 in 12 months time. In the long-term, the Indonesia Retail Sales YoY is projected to trend around 5.10 percent in 2021, according to our econometric models.

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Indonesia Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
-4.50 -0.80 40.30 -26.30 2006 - 2020 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-02-11 03:00 AM Dec -0.5% 1.3% -0.5%
2020-03-10 03:00 AM Jan -0.3% -0.5% -3%
2020-04-08 03:30 AM Feb -0.8% -0.3% -1.9%
2020-05-12 03:00 AM Mar -4.5% -0.8% -5.2%
2020-06-16 03:00 AM Apr -4.5% -11.8%
2020-07-08 03:00 AM May
2020-08-11 03:00 AM Jun 6%
2020-09-09 03:00 AM Jul


News Stream
Indonesia Retail Sales Fall the Most Since 2011
Retail sales in Indonesia declined by 4.5 percent year-on-year in March 2020, after a 0.8 percent drop in the previous month. This was the fourth straight month of decline in retail trade, and the steepest fall since September 2011, amid restriction measures that led consumers to stay at home. There were seen lower purchases of clothing (-60.5 percent vs -40.4 percent in February), information & communication equipment (-7.6 percent vs -4 percent), cultural & recreational goods (-20.5 percent vs -16.8 percent), and fuel (-18.7 percent vs -4.6 percent). By contrast, food, beverages & tobacco trade growth accelerated to 3.7 percent from 3.2 percent. On a monthly basis, retail sales rose 1.6 percent in March, the first increase since last December, following a 0.5 percent drop in February.
2020-05-12
Indonesia Retail Sales Continue to Fall
Retail sales in Indonesia dropped by 0.8 percent year-on-year in February 2020, after a 0.3 percent fall in the previous month. This was the third straight month of decline in retail trade, reflecting the severe damage caused by COVID-19. The were lower purchases of clothing (-40.4 percent vs -27.5 percent in January), information & communication equipment (-4 percent vs -3.1 percent), cultural & recreational goods (-16.8 percent vs -3.2 percent), and fuel (-4.6 percent vs -7.3 percent). In addition, food, beverages & tobacco trade growth slowed to 3.2 percent from 3.5 percent. On a monthly basis, retail sales fell 0.5 percent in February, following a 7.5 percent slump in January.
2020-04-08
Indonesia Retail Sales Fall for 2nd Month
Retail trade in Indonesia dropped 0.3 percent year-on-year in January 2020, following a 0.5 percent decrease in the previous month. This was the second straight yearly decrease in retail sales, as sales continued to fall for: clothing (-27.5 percent vs 0.7 percent in December); cultural & recreational goods (-3.2 percent vs -19.60 percent); information & communication equipment (-3.1 percent vs -7.0 percent) and fuel (-7.3 percent vs -9.4 percent). By contrast, sales rose for both food, beverages & tobacco (3.5 percent vs 0.9 percent) and household equipment (2.0 percent vs 4.9 percent). On a monthly basis, retail sales plunged 7.5 percent in February, the first decline in four months.
2020-03-10
Indonesia Retail Sales Fall for 1st Time in 6 Months
Retail trade in Indonesia declined 0.5 percent year-on-year in December 2019, following a 1.3 percent gain in the previous month. This was the first decrease in retail sales since June, as sales dropped faster for both cultural & recreational goods (-19.6 percent vs -12.0 percent in November) and information & communication equipment (-7.0 percent vs -5.2 percent), while that of fuel continued to fall (-9.4 percent vs -11.5 percent). In addition, sales increased softer for: food, beverages & tobacco (0.9 percent vs 4.6 percent in November) and household equipment (4.9 percent vs 5.5 percent).By contrast, sales of clothing rebounded (0.7 percent vs -9.4 percent). On a monthly basis, retail sales jumped 8.5 percent in December, the third straight month increase in seven months.
2020-02-11

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.