Retail sales in Indonesia plunged 20.6 percent year-on-year in May 2020, after a 16.9 percent fall a month earlier. This marked the sixth straight month of drop in retail trade and the steepest since October 2008, amid deteriorating consumption as people were forced to stay at home on the back of public health measures to contain the spread of coronavirus. Sales decreased at faster paces for all categories: clothing (-74 percent vs -70.9 percent in April), information & communication equipment (-19.7 percent vs -17.5 percent), cultural & recreational goods (-53.7 percent vs -48.5 percent), fuel (-45.4 percent vs -39 percent), automotive parts & accessories (-46.9 percent vs -30.8 percent), home appliances (-21.9 percent vs -20.8 percent), and food, beverages & tobacco (- 9.7 percent vs -.7 percent). On a monthly basis, retail sales rose by 4 percent in May, after a 13.3 percent slump in April.

Retail Sales YoY in Indonesia averaged 8.95 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 August of 2020. source: Bank Indonesia

Retail Sales YoY in Indonesia is expected to be 5.00 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 13.50 in 12 months time. In the long-term, the Indonesia Retail Sales YoY is projected to trend around 5.10 percent in 2021, according to our econometric models.

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Indonesia Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
-20.60 -16.90 40.30 -26.30 2006 - 2020 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-04-08 03:30 AM Feb -0.8% -0.3% -1.9%
2020-05-12 03:00 AM Mar -4.5% -0.8% -5.2%
2020-06-16 03:00 AM Apr -16.9% -4.5% -11.8%
2020-07-08 03:00 AM May -20.6% -16.9% -23%
2020-08-11 03:00 AM Jun -20.6% -14%
2020-09-09 03:00 AM Jul
2020-10-08 03:00 AM Aug
2020-11-11 03:00 AM Sep 5%


News Stream
Indonesia Retail Sales Shrink the Most Since 2008
Retail sales in Indonesia plunged 20.6 percent year-on-year in May 2020, after a 16.9 percent fall a month earlier. This marked the sixth straight month of drop in retail trade and the steepest since October 2008, amid deteriorating consumption as people were forced to stay at home on the back of public health measures to contain the spread of coronavirus. Sales decreased at faster paces for all categories: clothing (-74 percent vs -70.9 percent in April), information & communication equipment (-19.7 percent vs -17.5 percent), cultural & recreational goods (-53.7 percent vs -48.5 percent), fuel (-45.4 percent vs -39 percent), automotive parts & accessories (-46.9 percent vs -30.8 percent), home appliances (-21.9 percent vs -20.8 percent), and food, beverages & tobacco (- 9.7 percent vs -.7 percent). On a monthly basis, retail sales rose by 4 percent in May, after a 13.3 percent slump in April.
2020-07-08
Indonesia Retail Sales Fall the Most Since 2008
Retail sales in Indonesia tumbled 16.9 percent year-on-year in April 2020, after a 4.5 percent drop in the previous month. This was the fifth straight month of decline in retail trade and the steepest fall since November 2008, amid restriction measures that led consumers to stay at home. There were lower purchases of clothing (-70.9 percent vs -60.5 percent in March), information & communication equipment (-17.5 percent vs -7.6 percent), cultural & recreational goods (-48.5 percent vs -20.5 percent), fuel (-39.0 percent vs -18.7 percent), automotive parts & accessories (-30.8 percent vs -14.7 percent), home appliances (-20.8 percent vs -5.5 percent), and food, beverages & tobacco (- 7.7 percent vs 3.7 percent). On a monthly basis, retail sales plunged 13.3 percent in April, after a 1.6 percent gain in March.
2020-06-16
Indonesia Retail Sales Fall the Most Since 2011
Retail sales in Indonesia declined by 4.5 percent year-on-year in March 2020, after a 0.8 percent drop in the previous month. This was the fourth straight month of decline in retail trade, and the steepest fall since September 2011, amid restriction measures that led consumers to stay at home. There were seen lower purchases of clothing (-60.5 percent vs -40.4 percent in February), information & communication equipment (-7.6 percent vs -4 percent), cultural & recreational goods (-20.5 percent vs -16.8 percent), and fuel (-18.7 percent vs -4.6 percent). By contrast, food, beverages & tobacco trade growth accelerated to 3.7 percent from 3.2 percent. On a monthly basis, retail sales rose 1.6 percent in March, the first increase since last December, following a 0.5 percent drop in February.
2020-05-12
Indonesia Retail Sales Continue to Fall
Retail sales in Indonesia dropped by 0.8 percent year-on-year in February 2020, after a 0.3 percent fall in the previous month. This was the third straight month of decline in retail trade, reflecting the severe damage caused by COVID-19. The were lower purchases of clothing (-40.4 percent vs -27.5 percent in January), information & communication equipment (-4 percent vs -3.1 percent), cultural & recreational goods (-16.8 percent vs -3.2 percent), and fuel (-4.6 percent vs -7.3 percent). In addition, food, beverages & tobacco trade growth slowed to 3.2 percent from 3.5 percent. On a monthly basis, retail sales fell 0.5 percent in February, following a 7.5 percent slump in January.
2020-04-08

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.