Indonesia skyline

Indonesia Retail January 2023

Indonesia: Retail sales growth picks up pace in January

Retail sales grew 1.7% in year-on-year terms in January, which was above December’s 0.7% increase. The pickup was largely driven by an improvement in food, beverages, and tobacco sales. In contrast, motor vehicles, parts and accessories sales fell heavily. Lastly, cultural and recreation goods sales dropped at a sharper rate, while information and communication equipment sales fell at a steeper pace than in the prior month.

Meanwhile, the trend pointed down, with the annual average growth of retail sales coming in at 4.9%, down from December’s 6.0%.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest