Retail sales in Indonesia grew by 6.2 percent year-on-year in July 2022, faster than a 4.1 percent rise a month earlier. This was the strongest increase in retail trade since April, as consumption recovered further as the economy fully reemerged from COVID disruptions. Sales picked up strongly for automotive parts & accessories (33.4% vs 3.4% in June), fuels (67.2% vs 18.6%), and cultural & recreational goods (21.3% vs 5.4%), on the back of a sharp rebound in sales of clothing (59.4% vs -3.8%). At the same time, sales of home appliances fell 3.8%, much softer than a -27.7% drop in June, amid a softer drop in those of information & communication ( -19.2% vs -26.5%). source: Bank Indonesia

Retail Sales YoY in Indonesia averaged 7.47 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 September of 2022.

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. In the long-term, the Indonesia Retail Sales YoY is projected to trend around 5.10 percent in 2023, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Indonesia Retail Sales YoY



Calendar GMT Actual Previous Consensus TEForecast
2022-08-09 04:30 AM Jun 4.1% 2.9% 1.1%
2022-09-09 03:00 AM Jul 6.2% 4.1% 5%
2022-10-11 04:00 AM Aug


Related Last Previous Unit Reference
Consumer Confidence 124.70 123.20 points Aug 2022
Retail Sales MoM -11.80 -2.10 percent Jun 2022
Retail Sales YoY 6.20 4.10 percent Jul 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
6.20 4.10 40.30 -26.30 2006 - 2022 percent Monthly

News Stream
Indonesia Retail Sales Growth at 3-Month Top
Retail sales in Indonesia grew by 6.2 percent year-on-year in July 2022, faster than a 4.1 percent rise a month earlier. This was the strongest increase in retail trade since April, as consumption recovered further as the economy fully reemerged from COVID disruptions. Sales picked up strongly for automotive parts & accessories (33.4% vs 3.4% in June), fuels (67.2% vs 18.6%), and cultural & recreational goods (21.3% vs 5.4%), on the back of a sharp rebound in sales of clothing (59.4% vs -3.8%). At the same time, sales of home appliances fell 3.8%, much softer than a -27.7% drop in June, amid a softer drop in those of information & communication ( -19.2% vs -26.5%).
2022-09-09
Indonesia Retail Sales Growth Quickens
Retail sales in Indonesia grew by 4.1 percent year-on-year in June 2022, faster than a 2.9 percent rise a month earlier which was the softest pace in eight months. Sales of food beverages & tobacco accelerated (11.3% vs 7.8%), amid a rebound in sales of automotive parts & accessories (3.5% vs -1.3%). At the same time, sales rose at softer paces for both fuels (18.6% vs 39.3%) and cultural & recreational goods (5.4% vs 9.6%) while there were declines in sales of clothing (-3.8% vs -13.7%), home appliances (-27.7% vs -24.7%), and information & communication(vs -26.5% vs -12.8%). On a monthly basis, retail sales declined by 11.8 percent in June, the second straight month of drop and the steepest pace in a year, after a 2.1 percent drop in May.
2022-08-09
Indonesia Retail Sales Growth at 10-Month Low
Retail sales in Indonesia grew by 2.9 percent year-on-year in May 2022, slowing from a 8.5 percent rise a month earlier. The latest print represented the softest gain in retail trade since a decline in September 2021, amid moderation in sales of both fuels (39.3% vs 39.6% in April), and food beverages & tobacco (7.8% vs 12.9%). At the same time, there was a plunge in sales of clothing (-13.7% vs 26.9%), amid declines in sales of automotive parts & accessories (-1.3% vs 1.6%), home appliances (-24.7% vs -21.0%), and information & communication(vs -12.8% vs -8.8%). By contrast, cultural & recreational goods grew by 9.6 percent, sharply picking up from a flat reading in April. On a monthly basis, retail sales declined by 2.1 percent in May, the first drop in three months, after a 16.5 percent surge in April which was the steepest increase in a year.
2022-07-11