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.