Indonesia Retail Sales Growth at 4-Month Low

Indonesia’s retail sales rose 5.7% year-on-year in January 2026, up from 3.5% in December, reflecting continued momentum in household consumption. Sales growth accelerated for cultural and recreational goods (15.9% vs 5.2% in December) and food, beverages, and tobacco (8.1% vs 5.9%). Trade also rebounded for other goods (7.0% vs -1.2%) and clothing (3.4% vs -7.0%). Meanwhile, growth slowed for motor vehicles parts and accessories (7.4% vs 14.8%) and information & communication equipment (-27.1% vs -30.0%). Automotive fuel sales continued to decline (-5.3% vs -7.1%), while other household equipment recorded slight growth (0.4% vs -2.8%). On a monthly basis, retail activity fell 2.7%, the first decline in four months, following a 3.1% gain in December. Looking ahead, retail sales are projected to rise 6.9% year-on-year, led by spare parts and accessories, and increase 4.4% month-on-month.

Indonesia’s retail sales grew 3.5% year-on-year in December 2025, slowing from 6.3% in the previous month and marking the eighth consecutive monthly increase, supported by government measures to boost domestic demand. It also marked the softest annual increase since August, with sales growth easing for food, beverages, and tobacco (5.9% vs 8.5% in November), automotive parts and accessories (14.8% vs 17.7%), and cultural and recreational goods (5.2% vs 8.1%). Meanwhile, fuel sales fell 7.1%, reversing a 0.8% increase previously. In addition, sales declined at faster rates for household appliances (-2.8% vs -1.6%), information and communication equipment (-30.0% vs -27.4%), and clothing (-7.0% vs -3.0%). On a monthly basis, retail activity rose 3.1%, up from a 1.5% increase in November and marking the strongest pace in nine months, highlighting resilient momentum in household consumption.

Indonesia’s retail sales rose 6.3% year-on-year in November 2025, accelerating from 4.3% in the previous month and marking the seventh straight month of growth. It was also the fastest annual increase since March 2024, underscoring stronger consumer demand toward year-end as government support measures continued to bolster spending. Sales growth quickened for food, beverages, and tobacco (8.5% vs 6.4% in October), automotive parts and accessories (17.7% vs 12.0%), and cultural and recreational goods (8.1% vs 6.7%). At the same time, fuel sales rose 0.8% after falling 1.0% previously. Meanwhile, sales fell at slower rates for household appliances (-1.6% vs -2.3%), information and communication equipment (-27.4% vs -28.3%), and clothing (-3.0% vs -5.8%). On a monthly basis, retail activity increased 1.5%, steeper than a 0.6% gain in October and the strongest pace in eight months, highlighting resilient momentum in household consumption.