Retail sales in Indonesia grew by 4.1 percent year-on-year in June 2022, faster than a 2.9 percent rise a month earlier which was the softest pace in eight months. Sales of food beverages & tobacco accelerated (11.3% vs 7.8%), amid a rebound in sales of automotive parts & accessories (3.5% vs -1.3%). At the same time, sales rose at softer paces for both fuels (18.6% vs 39.3%) and cultural & recreational goods (5.4% vs 9.6%) while there were declines in sales of clothing (-3.8% vs -13.7%), home appliances (-27.7% vs -24.7%), and information & communication(vs -26.5% vs -12.8%). On a monthly basis, retail sales declined by 11.8 percent in June, the second straight month of drop and the steepest pace in a year, after a 2.1 percent drop in May.
Retail Sales YoY in Indonesia averaged 7.48 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 September of 2022.
Retail Sales YoY in Indonesia is expected to be 5.00 percent by the end of this quarter, according to 王者荣耀电竞(江西)积分排榜 global macro models and analysts expectations. In the long-term, the Indonesia Retail Sales YoY is projected to trend around 5.10 percent in 2023, according to our econometric models.