Retail sales in Indonesia increased by 14.7 percent year-on-year in May 2021, easing from a 15.6 percent jump a month earlier. This marked the second straight month of increase in retail trade, amid a low base effect from last year. Sales increased less for food, beverages & tobacco (22.0% vs 26.7% in April), clothing (52.2% vs 55.2%). Meanwhile, sales continued to rise for automotive parts & accessories (39.6% vs 8.1%), fuel (53.5% vs 37.3%) and cultural & recreational goods (8.4% vs 7.8%). By contrast, sales fell further for information & communication equipment (-28.6% vs -31.1% in April), home appliances (-7.4% vs -10.8%). On a monthly basis, retail sales grew by 3.2 percent in May, easing sharply from a 17.3 percent rise in April. source: Bank Indonesia
Retail Sales YoY in Indonesia averaged 7.58 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 August of 2021.
Retail Sales YoY in Indonesia is expected to be 15.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales YoY in Indonesia to stand at 6.00 in 12 months time. In the long-term, the Indonesia Retail Sales YoY is projected to trend around 5.10 percent in 2022, according to our econometric models.