Indonesia skyline

Indonesia Retail May 2019

Indonesia: Retail sales growth picks up in May

In May, retail sales expanded 7.7% in annual terms, up from April’s 6.7% rise but below the Bank’s initial estimate of 9.0%. May’s figure was driven by expansions in all subsectors except information and communication equipment, and was likely spurred by high demand during Ramadan.

According to the Bank of Indonesia’s survey, retail sales should have grown a mere 2.2% in June, amid higher inflation and as the Ramadan effect dissipates and the boost from pre-election public spending ebbs.

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