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Indonesia Retail November 2017

Indonesia: Retail sales growth accelerates in November

In November, retail sales increased 2.5% over the same month of the previous year, which was above October’s 2.2% rise. Higher growth in automobile fuels and a smaller contraction in sales of information and communication equipment drove the improvement.

The trend continued to point downwards in November and annual average growth came in at a multi-year low of 3.7% (October: 4.3%). According to the survey, retailers expect sales to accelerate further in December and grow 2.6%.

Indonesia Private Consumption Forecast

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