Retail sales in Indonesia declined by 1.8 percent year-on-year in June 2019, reversing from a 7.7 percent growth in the previous month. This was the first decrease in retail since January last year, as sales dropped for food, beverages and tobacco (-3.4 percent vs 6.4 percent in May); fuel (-10.9 percent vs 0.8 percent) and cultural and recreational goods (-8.8 percent vs 1 percent). In addition, sales growth slowed for clothing (15.8 percent vs 43.9 percent); motor vehicles and parts (20.0 percent vs 25.4 percent); and household equipment (5.4 percent vs 7.0 percent). Meanwhile, sales of communications equipment and information dropped at a softer pace (-8.2 percent vs -9.6 percent). On a monthly basis, retail sales went down 6.5 percent, after increasing 8.9 percent in the previous month. Retail Sales YoY in Indonesia averaged 9.59 percent from 2006 until 2019, 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.

Retail Sales YoY in Indonesia is expected to be 2.80 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 2020, according to our econometric models.

Indonesia Retail Sales YoY
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Calendar GMT Actual Previous Consensus TEForecast
2019-05-07 03:00 AM Retail Sales YoY Mar 10.1% 9.1% 8%
2019-06-14 03:10 AM Retail Sales YoY Apr 6.7% 10.1% 6.2%
2019-07-09 03:00 AM Retail Sales YoY May 7.7% 6.7% 9.1%
2019-08-08 04:00 AM Retail Sales YoY Jun -1.8% 7.7% 2.5%
2019-09-10 10:00 AM Retail Sales YoY Jul -1.8% 2.3%
2019-10-09 01:00 PM Retail Sales YoY Aug
2019-11-06 11:00 AM Retail Sales YoY Sep 2.7%


Indonesia Consumer Last Previous Highest Lowest Unit
Consumer Confidence 124.80 126.40 128.20 9.60 Index Points [+]
Retail Sales MoM -6.50 8.90 26.00 -22.30 percent [+]
Retail Sales YoY -1.80 7.70 40.30 -26.30 percent [+]
Consumer Spending 1467542.40 1442550.90 1467542.40 926097.50 IDR Billion [+]
Consumer Credit 2445720.00 2416958.00 2445720.00 27200.00 IDR Billion [+]
Gasoline Prices 0.46 0.46 0.79 0.16 USD/Liter [+]
Households Debt To GDP 17.00 17.00 17.10 6.20 percent of GDP [+]
Consumer Confidence Current Conditions 113.70 115.00 115.80 52.00 [+]
Consumer Confidence Economic Expectations 131.00 136.90 143.40 64.30 [+]


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. This page provides - Indonesia Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news. Indonesia Retail Sales YoY - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-1.80 7.70 40.30 -26.30 2006 - 2019 percent Monthly




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