Retail sales in Indonesia increased by 1.3 percent year-on-year in November 2022, slowing from a 3.7 percent rise a month earlier. This was the fourteenth straight month of increase in retail sales but the softest pace since November 2019 amid rising cost pressures and the impact of higher interest rates. Sales rose at a softer rate for both food, beverages, and tobacco (4.8% vs 8.0% in October) and clothing (17.1% vs 25.3%), amid declines in sales of automotive parts & accessories (-9.5% vs -5.2%), fuels (-5.7% vs 0.5%), home appliances (-14.2% vs -14.8%), and information & communication (-16.3% vs -20.7%). On the other hand, sales accelerated for cultural & recreational goods (5.8% vs 3.7%). source: Bank Indonesia

Retail Sales YoY in Indonesia averaged 7.40 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 January of 2023.

Retail Sales YoY in Indonesia is expected to be 2.40 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 3.70 percent in 2024, according to our econometric models.

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Indonesia Retail Sales YoY



Calendar GMT Actual Previous Consensus TEForecast
2022-12-09 03:00 AM Oct 3.7% 4.6% 4.4%
2023-01-10 03:00 AM Nov 1.3% 3.7%
2023-02-16 03:00 AM Dec 1.3% 3%


Related Last Previous Unit Reference
Consumer Confidence 119.90 119.10 points Dec 2022
Retail Sales MoM 0.80 -3.10 percent Aug 2022
Retail Sales YoY 1.30 3.70 percent Nov 2022
Consumer Credit 2987261.00 2959591.00 IDR Billion Nov 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
1.30 3.70 40.30 -26.30 2006 - 2022 percent Monthly

News Stream
Indonesia Retail Sales Rise the Least in 3 Years
Retail sales in Indonesia grew by 1.3 percent year-on-year in November 2022, easing from a 3.7 percent rise in October. This was the fourteenth month of increase but the softest pace since November 2019 amid soaring cost pressures and higher interest rates. Sales rose slower for food, beverages, and tobacco (4.8% vs 8.0% in October) and clothing (17.1% vs 25.3%), and declined for automotive parts & accessories (-9.5% vs -5.2%), fuels (-5.7% vs 0.5%), home appliances (-14.2% vs -14.8%), and information & communication (-16.3% vs -20.7%). On the contrary, they accelerated for cultural & recreational goods (5.8% vs 3.7%).
2023-01-10
Indonesia Retail Sales Growth Slows to 5-Month Low
Retail sales in Indonesia rose by 3.7 percent year-on-year in October 2022, after a 4.6 percent gain a month earlier. This was the softest increase in retail trade since May, amid the impact of a steep fuel price hike. Sales growth slows for fuels (0.5% vs 8.0% in September), cultural & recreational goods (3.7% vs 7.1%), and clothing (25.3% vs 34.6%). In addition, sales fell faster for both home appliances (-14.8% vs -6.8%) and automotive parts & accessories (-5.2% vs -0.1%), while sales of information & communication continued to drop (-20.7% vs -22.1%).
2022-12-09
Indonesia Retail Sales Growth at 3-Month Low
Retail sales in Indonesia expanded by 4.6 percent year-on-year in September 2022, after a 4.9 percent gain a month earlier. This was the softest increase in retail trade since June, amid the impact of a steep fuel price hike. Sales growth eased for fuels (8.0% vs 43.0% in August), cultural & recreational goods (7.1% vs 15.1%), and clothing (34.6% vs 56.4%). In addition, sales fell further for both home appliances (-6.8% vs -9.0%) and information & communication (-22.1% vs -20.8%), with sales of automotive parts & accessories declining for the first time in four months (-0.1% vs 7.0%).
2022-11-09