Retail sales in Indonesia declined by 9.2 percent year-on-year in August 2020, after a 12.3 percent fall a month earlier. This marked the ninth straight month of fall in retail trade, but the weakest pace since March, amid the prolonged impact caused by the COVID-19 crisis that made people to stay at home most of their time. Sales dropped less for most categories: clothing (-64.9 percent vs -66.5 percent in July), cultural & recreational goods (-38.2 percent vs -38.7 percent), fuel (-23.5 percent vs -26.1 percent), automotive parts & accessories (-25.2 percent vs -33.7 percent). In addition, sales of food, beverages & tobacco rebounded (2.7 percent vs -1.9 percent). Meantime, sales fell faster for both home appliances (-24.5 percent vs -21.3 percent) and information & communication equipment (-19.2 percent vs -17.3 percent). On a monthly basis, retail sales increased by 1.3 percent in August, after a 0.3 percent rise in July.

Retail Sales YoY in Indonesia averaged 8.41 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 October of 2020. source: Bank Indonesia

Retail Sales YoY in Indonesia is expected to be 5.00 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 5.50 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
-9.20 -12.30 40.30 -26.30 2006 - 2020 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-07-08 03:00 AM May -20.6% -16.9% -23%
2020-08-11 03:00 AM Jun -17.1% -20.6% -14%
2020-09-09 03:30 AM Jul -12.3% -17.1% -12%
2020-10-08 03:00 AM Aug -9.2% -12.3% -10%
2020-11-11 03:00 AM Sep -9.2% -7.5%
2020-12-09 03:00 AM Oct -9.9%


News Stream
Indonesia Retail Sales Fall the Least in 5 Months
Retail sales in Indonesia declined by 9.2 percent year-on-year in August 2020, after a 12.3 percent fall a month earlier. This marked the ninth straight month of fall in retail trade, but the weakest pace since March, amid the prolonged impact caused by the COVID-19 crisis that made people to stay at home most of their time. Sales dropped less for most categories: clothing (-64.9 percent vs -66.5 percent in July), cultural & recreational goods (-38.2 percent vs -38.7 percent), fuel (-23.5 percent vs -26.1 percent), automotive parts & accessories (-25.2 percent vs -33.7 percent). In addition, sales of food, beverages & tobacco rebounded (2.7 percent vs -1.9 percent). Meantime, sales fell faster for both home appliances (-24.5 percent vs -21.3 percent) and information & communication equipment (-19.2 percent vs -17.3 percent). On a monthly basis, retail sales increased by 1.3 percent in August, after a 0.3 percent rise in July.
2020-10-08
Indonesia Retail Sales Fall the Least in 4 Months
Retail sales in Indonesia dropped by 12.3 percent year-on-year in July 2020, after a 17.1 percent plunge a month earlier. This marked the eighth straight month of fall in retail trade, but the weakest pace since March, amid the prolonged impact caused by the COVID-19 crisis that made people to stay at home most of their time. Sales declined less for most categories: clothing (-66.5 percent vs 73.7 percent in June), cultural & recreational goods (-38.7 percent vs -44.6 percent), fuel (-26.1 percent vs -27 percent), automotive parts & accessories (-33.7 percent vs -37.8 percent), food, beverages & tobacco (- 1.9 percent vs -7.6 percent)., and home appliances (-21.3 percent vs 23.1 percent). Meantime, sales of information & communication equipment fell faster (-17.3 percent vs -16.3 percent). On a monthly basis, retail sales rose by 0.3 percent in July, after a 2.4 percent fall in June.
2020-09-09
Indonesia Retail Sales Fall at Softer Rate
Retail sales in Indonesia dropped by 17.1 percent year-on-year in June 2020, after a 20.6 percent plunge a month earlier. This marked the seventh straight month of fall in retail trade, amid prolonged impact caused by the COVID-19 crisis that made people to stay at home most of their time. Sales declined less for most categories: clothing (-73.7 percent vs -74 percent in May), information & communication equipment (-16.3 percent vs -19.7 percent), cultural & recreational goods (-44.6 percent vs -53.7 percent), fuel (-27 percent vs -45.4 percent), automotive parts & accessories (-37.8 percent vs -46.9 percent), and food, beverages & tobacco (- 7.6 percent vs -9.7 percent). Meanwhile, sales of home appliances slumped further (-23.1 percent vs -21.9 percent). On a monthly basis, retail sales fell by 2.4 percent in June, after a 4 percent gain in May.
2020-08-11
Indonesia Retail Sales Shrink the Most Since 2008
Retail sales in Indonesia plunged 20.6 percent year-on-year in May 2020, after a 16.9 percent fall a month earlier. This marked the sixth straight month of drop in retail trade and the steepest since October 2008, amid deteriorating consumption as people were forced to stay at home on the back of public health measures to contain the spread of coronavirus. Sales decreased at faster paces for all categories: clothing (-74 percent vs -70.9 percent in April), information & communication equipment (-19.7 percent vs -17.5 percent), cultural & recreational goods (-53.7 percent vs -48.5 percent), fuel (-45.4 percent vs -39 percent), automotive parts & accessories (-46.9 percent vs -30.8 percent), home appliances (-21.9 percent vs -20.8 percent), and food, beverages & tobacco (- 9.7 percent vs -.7 percent). On a monthly basis, retail sales rose by 4 percent in May, after a 13.3 percent slump in April.
2020-07-08

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.