Retail sales in Indonesia expanded by 4.6 percent year-on-year in September 2022, after a 4.9 percent gain a month earlier. This was the softest increase in retail trade since June, amid the impact of a steep fuel price hike. Sales growth eased for fuels (8.0% vs 43.0% in August), cultural & recreational goods (7.1% vs 15.1%), and clothing (34.6% vs 56.4%). In addition, sales fell further for both home appliances (-6.8% vs -9.0%) and information & communication (-22.1% vs -20.8%) with sales of automotive parts & accessories declining for the first time in four months (-0.1% vs 7.0%). source: Bank Indonesia
Retail Sales YoY in Indonesia averaged 7.45 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 November of 2022.
Retail Sales YoY in Indonesia is expected to be 3.00 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 2.50 percent in 2023 and 3.70 percent in 2024, according to our econometric models.