Retail sales in Indonesia jumped by 10.8 percent year-on-year in November of 2021, accelerating sharply from a 6.5 percent rise a month earlier. This was the second straight month of increase in retail trade and the strongest growth since May, amid easing COVID-19 restrictions, soaring vaccinations and a low base effect from last year. Sales grew faster for both food beverages & tobacco (19.1% vs 14.5% in October) and fuels (33.8 vs 29.4%). In addition, sales dropped much less for automotive parts & accessories (-3.3% vs -6.6%), information & communication equipment (-15.7% vs -18.9%), home appliances (-16.4% vs -20.3%). At the meantime, sales continued to fall for both clothing (-4.9% vs -4.2%) and cultural & recreational goods (-14.4% vs -12.0%). On a monthly basis, retail sales grew by 2.8 percent, slowing from a 3.2 percent rise in October. source: Bank Indonesia

Retail Sales YoY in Indonesia averaged 7.41 percent from 2006 until 2021, 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 January of 2022.

Retail Sales YoY in Indonesia is expected to be 10.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Indonesia Retail Sales YoY is projected to trend around 5.10 percent in 2023, according to our econometric models.

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Indonesia Retail Sales YoY


Calendar GMT Actual Previous Consensus TEForecast
2021-12-10 03:45 AM Oct 6.5% -2.2% 15.8%
2022-01-11 03:00 AM Nov 10.8% 6.5%
2022-02-09 06:40 AM Dec 10.8%


Related Last Previous Unit Reference
Consumer Confidence 118.30 118.50 points Dec/21
Retail Sales MoM 2.80 3.20 percent Nov/21
Retail Sales YoY 10.80 6.50 percent Nov/21
Consumer Credit 2625742.00 2610282.00 IDR Billion Aug/21

News Stream
Indonesia Retail Sales Rise the Most in 6 Months
Retail sales in Indonesia jumped by 10.8 percent year-on-year in November of 2021, accelerating sharply from a 6.5 percent rise a month earlier. This was the second straight month of increase in retail trade and the strongest growth since May, amid easing COVID-19 restrictions, soaring vaccinations and a low base effect from last year. Sales grew faster for both food beverages & tobacco (19.1% vs 14.5% in October) and fuels (33.8 vs 29.4%). In addition, sales dropped much less for automotive parts & accessories (-3.3% vs -6.6%), information & communication equipment (-15.7% vs -18.9%), home appliances (-16.4% vs -20.3%). At the meantime, sales continued to fall for both clothing (-4.9% vs -4.2%) and cultural & recreational goods (-14.4% vs -12.0%). On a monthly basis, retail sales grew by 2.8 percent, slowing from a 3.2 percent rise in October.
2022-01-11
Indonesia Retail Sales Rise for 1st Time in 4 Months
Retail sales in Indonesia surged by 6.5 percent year-on-year in October of 2021, rebounding sharply from a 2.2 percent drop a month earlier. This was the first increase in retail trade since June, amid easing COVID-19 restrictions. Sales grew faster for both food, beverages & tobacco (14.5% vs 5.3% in September) and fuels (29.4 vs 22.8%). In addition, sales fell much less for clothing (-4.2% vs -12.0%), automotive parts & accessories (-6.6% vs -10.1%), information & communication equipment (-8.9% vs -28.8%), home appliances (-20.3% vs -24.9%), and cultural & recreational goods (-12.0% vs -12.6%). On a monthly basis, retail sales rose by 3.2 percent, recovering from a 1.5 percent decrease in September.
2021-12-10
Indonesia Retail Sales Fall for 3rd Month
Retail sales in Indonesia dropped by 2.2 percent year-on-year in September of 2021 after a 2.1 percent fall a month earlier. This was the third straight month of decline in retail trade, as consumption remained weak amid disruptions caused by the spread of the Delta strain of COVID-19. Sales continued to fall for clothing (-12.0% vs -14.6% in August), automotive parts & accessories (-10.1% vs -3.7%), cultural & recreational goods (-12.5% vs -16.3%), information & communication equipment (-28.8% vs -32.4%), and home appliances (-24.9% vs -20.3%). On the flip side, sales of food, beverages & tobacco rose further (5.3% vs 5.8%) on the back of a pickup in sales of fuel (22.8 vs 5.9%). On a monthly basis, retail sales declined by 1.5 percent, after a 2.1 percent gain in August.
2021-11-09

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.