Retail sales in Indonesia grew by 12.9 percent year-on-year in February 2022, after a 15.2 percent rise a month earlier. While rising for the fifth straight month, the latest reading was the softest since last November, amid moderation in sales of both fuels (55.1% vs 55.6% in January), and food beverages & tobacco (21.3% vs 23.8%). At the same time, sales fell for equipment (-15.5% vs -14.7%), and home appliances (-22.8% vs -20.4%), automotive parts & accessories (-5.3% vs 4.8%), and cultural & recreational goods (-0.2% vs -3.9%). By contrast, sales of clothing accelerated (10.2% vs 5.6%). On a monthly basis, retail sales fell by 4.5 percent in February, following a 3.1 percent drop in January. source: Bank Indonesia

Retail Sales YoY in Indonesia averaged 7.51 percent from 2006 until 2022, 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 2022.

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. 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
2022-03-10 03:00 AM Jan 15.2% 13.8% 15.9%
2022-04-11 03:00 AM Feb 12.9% 15.2% 3.5%
2022-05-12 04:00 AM Mar 12.9% 11.5%


Related Last Previous Unit Reference
Consumer Confidence 113.10 111.00 points Apr 2022
Retail Sales MoM -4.50 -3.10 percent Feb 2022
Retail Sales YoY 12.90 15.20 percent Feb 2022
Consumer Credit 2730534.00 2765004.00 IDR Billion Jan 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
12.90 15.20 40.30 -26.30 2006 - 2022 percent Monthly

News Stream
Indonesia Retail Sales Growth at 3-Month Low
Retail sales in Indonesia grew by 12.9 percent year-on-year in February 2022, after a 15.2 percent rise a month earlier. While rising for the fifth straight month, the latest reading was the softest since last November, amid moderation in sales of both fuels (55.1% vs 55.6% in January), and food beverages & tobacco (21.3% vs 23.8%). At the same time, sales fell for equipment (-15.5% vs -14.7%), and home appliances (-22.8% vs -20.4%), automotive parts & accessories (-5.3% vs 4.8%), and cultural & recreational goods (-0.2% vs -3.9%). By contrast, sales of clothing accelerated (10.2% vs 5.6%). On a monthly basis, retail sales fell by 4.5 percent in February, following a 3.1 percent drop in January.
2022-04-11
Indonesia Retail Sales Rise the Most in 9 Months
Retail sales in Indonesia grew by 15.2 percent year-on-year in January 2022, faster than a 13.8 percent rise in December 2021. This was the fourth straight month of increase in retail trade and the strongest pace since last April, as COVID-19 curbs eased further following rising vaccinations. There was an acceleration in sales of fuels (55.6% vs 37.9% in December) on the back of a strong rebound in sales of both clothing (5.6% vs -0.1%) and automotive parts & accessories (4.8% vs -3.4%) and a further rise in sales of food beverages & tobacco (23.8% vs 23.9%). In addition, sales dropped less for cultural & recreational goods (-3.9% vs -11.9%), information & communication equipment (-14.7% vs -16.2%), and home appliances (-20.4% vs -24.0%). On a monthly basis, retail sales fell by 3.1 percent, the first monthly decline in four months and reversing from a 7.6 percent jump in the previous month.
2022-03-10
Indonesia Retail Sales Growth at 7-Month High
Retail sales in Indonesia rose by 13.8 percent year-on-year in December 2021, faster than a 10.8 percent gain in the prior month. This was the third straight month of increase in retail trade and the strongest pace since May, buoyed by an acceleration in sales of both food beverages & tobacco (23.9% vs 19.1% in November) and fuels (37.9% vs 33.8%), as COVID-19 curbs eased further following rising vaccinations. At the same time, sales of clothing fell slightly (-0.1% vs -4.9%) while those of cultural & recreational goods declined less (-11.9% vs -14.4%), with sales dropping further for automotive parts & accessories (-3.4% vs -3.3%), information & communication equipment (-16.2% vs -15.7%), and home appliances (-24.0% vs -16.4%). On a monthly basis, retail sales increased by 7.6 percent, the most in eight months and following a 2.8 rise in November.
2022-02-14