Retail sales in Indonesia rose by 10.1 percent year-on-year in March 2019, accelerating from a 9.1 percent growth in the previous month. This was the steepest increase in retail trade since December 2016 ahead of the fasting month of Ramadan and Eid al-Fitr celebration. Sales growth accelerated for: clothing (41.2 percent vs 33.7 percent in February); motor vehicles and parts (20.7 percent vs 14.0 percent); food, beverages and tobacco (10.9 percent vs 10.8 percent); and household equipment (8.2 percent vs 6.2 percent). In addition, sales of communications equipment and information fell much softer (-6.3 percent vs -8.7 percent). Meanwhile, sales rose at a slower rate for both fuel (3.9 percent vs 11.5 percent); and cultural goods (14.5 percent vs 26.5 percent). Retail Sales YoY in Indonesia averaged 9.69 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 3.60 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 4.00 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
2019-02-11 09:30 AM Retail Sales YoY 7.7% 3.4% 6.2%
2019-03-11 12:00 PM Retail Sales YoY 7.2% 7.7% 6%
2019-04-09 04:30 AM Retail Sales YoY 9.1% 7.2% 6%
2019-05-07 03:00 AM Retail Sales YoY 10.1% 9.1% 8%
2019-06-14 09:30 AM Retail Sales YoY 10.1%
2019-07-09 09:35 AM Retail Sales YoY
2019-08-08 12:40 PM Retail Sales YoY 3.6%


Indonesia Consumer Last Previous Highest Lowest Unit
Consumer Confidence 128.10 124.50 128.10 9.60 Index Points [+]
Retail Sales MoM 5.50 0.00 26.00 -22.30 percent [+]
Retail Sales YoY 10.10 9.10 40.30 -26.30 percent [+]
Consumer Spending 1442320.30 1441814.00 1442320.30 926097.50 IDR Billion [+]
Consumer Credit 2401318.00 2373978.00 2401318.00 27200.00 IDR Billion [+]
Households Debt To GDP 17.00 16.90 17.10 6.20 percent of GDP [+]
Gasoline Prices 0.45 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 May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
10.10 9.10 40.30 -26.30 2006 - 2019 percent Monthly




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