Retail sales in Indonesia plunged by 19.2 percent year-on-year in December 2020, after slumping by 16.3 percent a month earlier. This marked the thirteen straight month of fall in retail trade, and the steepest pace since May, amid the prolonged impact caused by the COVID-19 crisis that made people to stay at home most of their time. Sales fell more for information & communication equipment (-39.2% vs -36.3% in November), food, beverages & tobacco dropped (-10.3% vs -6.6%), clothing (-59.7% vs -56.6%). Meantime, sales continued to decline for fuel (-12.0% vs -14.3%), home appliances (-25.0% vs -26.3%), cultural & recreational goods (-40.0% vs -40.3%) and automotive parts & accessories (-20.0% vs -21.6%). On a monthly basis, retail sales rose by 4.8 percent in December, the most since December 2019, rebounding from an 1.2 percent drop in November. source: Bank Indonesia

Retail Sales YoY in Indonesia averaged 7.89 percent from 2006 until 2020, 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 March of 2021.

Retail Sales YoY in Indonesia is expected to be 6.50 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 5.10 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.

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Indonesia Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
-19.20 -16.30 40.30 -26.30 2006 - 2020 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-11-11 03:50 AM Sep -8.7% -9.2% -7.5%
2020-12-10 03:00 AM Oct -14.9% -8.7% -9.9%
2021-01-12 03:00 AM Nov -16.3% -14.9% -8.5%
2021-02-09 06:40 AM Dec -19.2% -16.3% -5.5%
2021-03-18 03:00 AM Jan -19.2% -9.9%
2021-04-19 03:00 AM Feb
2021-05-25 03:00 AM Mar
2021-06-17 03:00 AM Apr
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Indonesia Retail Sales Slump the Most in 7 Months
Retail sales in Indonesia plunged by 19.2 percent year-on-year in December 2020, after slumping by 16.3 percent a month earlier. This marked the thirteen straight month of fall in retail trade, and the steepest pace since May, amid the prolonged impact caused by the COVID-19 crisis that made people to stay at home most of their time. Sales fell more for information & communication equipment (-39.2% vs -36.3% in November), food, beverages & tobacco dropped (-10.3% vs -6.6%), clothing (-59.7% vs -56.6%). Meantime, sales continued to decline for fuel (-12.0% vs -14.3%), home appliances (-25.0% vs -26.3%), cultural & recreational goods (-40.0% vs -40.3%) and automotive parts & accessories (-20.0% vs -21.6%). On a monthly basis, retail sales rose by 4.8 percent in December, the most since December 2019, rebounding from an 1.2 percent drop in November.
2021-02-09
Indonesia Retail Sales Drop the Most in 5 Months
Retail sales in Indonesia slumped by 16.3 percent year-on-year in November 2020, after plunging by 14.9 percent a month earlier. This marked the twelfth straight month of fall in retail trade, and the steepest pace since June, amid the prolonged impact caused by the COVID-19 crisis that made people to stay at home most of their time. Sales fell more for information & communication equipment (-36.3% vs -30.9% in October), food, beverages & tobacco dropped (-6.6% vs -5.6%), and home appliances (-26.3% vs -23.3%). Meantime, sales continued to decline for clothing (-56.6% vs -58.1%), fuel (-14.3% vs -17.3%), cultural & recreational goods (-40.3% vs -40.6%) and automotive parts & accessories (-21.6% vs -22.9%). On a monthly basis, retail sales dropped by 1.2 percent in November, the least since July, after a 5.3 percent fall in October.
2021-01-12
Indonesia Retail Sales Fall the Most in 4 Months
Retail sales in Indonesia tumbled by 14.9 percent year-on-year in October 2020, after declining by 8.7 percent a month earlier. This marked the eleventh straight month of fall in retail trade, and the steepest pace since June, amid the prolonged impact caused by the COVID-19 crisis that made people to stay at home most of their time. Sales fell more for both cultural & recreational goods (-40.6% vs -39.5% in September) and information & communication equipment (-30.9% vs -22.2%), while those of food, beverages & tobacco dropped (-5.6% vs 3.1%). Meantime, sales continued to decrease for clothing (-58.1% vs -59.7%), fuel (-17.3% vs -18.7%), automotive parts & accessories (-22.9% vs -23.3%) and home appliances (-23.3% vs -26.2%). On a monthly basis, retail sales dropped by 5.3 percent in October, the steepest decline since April, after a 1.4 percent fall in September.
2020-12-10
Indonesia Retail Sales Fall the Least in 6 Months
Retail sales in Indonesia dropped by 8.7 percent year-on-year in September 2020, after declining by 9.2 percent a month earlier. This marked the tenth straight month of fall in retail trade, but the weakest pace since March, amid the prolonged impact caused by the COVID-19 crisis that made people to stay at home most of their time. Sales fell less for most categories: clothing (-59.7 percent vs -64.9 percent in August), fuel (-18.7 percent vs -23.5 percent), automotive parts & accessories (-23.3 percent vs -25.2 percent). In addition, sales of food, beverages & tobacco increased faster (3.1 percent vs 2.7 percent).Meantime, sales decreased more for home appliances (-26.2 percent vs -24.5 percent), cultural & recreational goods (-39.5 percent vs -38.2 percent), and information & communication equipment (-22.2 percent vs -19.2 percent). On a monthly basis, retail sales dropped by 1.4 percent in September, the first monthly decline since April, after a 1.3 percent growth in August.
2020-11-11

Indonesia Retail Sales YoY
In Indonesia, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago.