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. source: Bank Indonesia
Retail Sales YoY in Indonesia averaged 8.31 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 November of 2020.
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 5.50 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.