Retail sales in Indonesia dropped by 2.2 percent year-on-year in September of 2021 after a 2.1 percent fall a month earlier. This was the third straight month of decline in retail trade, as consumption remained weak amid disruptions caused by the spread of the Delta strain of COVID-19. Sales continued to fall for clothing (-12.0% vs -14.6% in August), automotive parts & accessories (-10.1% vs -3.7%), cultural & recreational goods (-12.5% vs -16.3%), information & communication equipment (-28.8% vs -32.4%), and home appliances (-24.9% vs -20.3%). On the flip side, sales of food, beverages & tobacco rose further (5.3% vs 5.8%) on the back of a pickup in sales of fuel (22.8 vs 5.9%). On a monthly basis, retail sales declined by 1.5 percent, after a 2.1 percent gain in August. source: Bank Indonesia
Retail Sales YoY in Indonesia averaged 7.39 percent from 2006 until 2021, 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 December of 2021.
Retail Sales YoY in Indonesia is expected to be 16.10 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 2022, according to our econometric models.