Retail sales in Indonesia jumped by 15.6 percent year-on-year in April 2021, after tumbling by 14.6 percent a month earlier. This marked the first time increase in retail trade in 17 months and the most since June 2016, amid Ramadhan and Eid al-Fitr celebration and a low base effect from last year. Sales rebounded sharply for food, beverages & tobacco (26.7% vs -9.0% in March), clothing (55.2% vs -10.8%), automotive parts & accessories (8.1% vs -13.2%), and fuel (37.3% vs 3.2%).In addition, sales fell much less for information & communication equipment (-31.1% vs -38.8% in March), home appliances (-10.8% vs -23.3%), cultural & recreational goods (-7.8% vs -41.9%). On a monthly basis, retail sales surged by 17.3 percent in April, the most since August 2011, accelerating sharply from a 6.1 percent rise in March. source: Bank Indonesia
Retail Sales YoY in Indonesia averaged 7.54 percent from 2006 until 2021, 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 June of 2021.
Retail Sales YoY in Indonesia is expected to be 11.00 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 4.50 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.