Retail sales in Indonesia grew by 8.5 percent year-on-year in April 2022, slowing from a 9.3 percent rise a month earlier and pointing to the softest rise since last October. Sales moderated for fuels (39.6% vs 48.5% in March), food beverages & tobacco (12.9% vs 15.7%), and automotive parts & accessories (1.6% vs 6.2%). At the same time, spending declined further for both home appliances (-21.0% vs -18.8%) and information & communication(vs -8.8% vs -18.0%). In contrast, sales of clothing picked up sharply ahead of Eid-ul Fitr celebration (26.9% vs 6.4%) while those of cultural & recreational goods were flat after falling 1.4% in March. On a monthly basis, retail sales jumped by 16.5 percent in April, the most in a year, following a 2.6 percent gain in March. source: Bank Indonesia
Retail Sales YoY in Indonesia averaged 7.52 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 July of 2022.
Retail Sales YoY in Indonesia is expected to be 6.00 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.