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.