Indonesia skyline

Indonesia Retail December 2023

Indonesia: Retail sales record slowest growth since May in December

Retail sales expanded 0.1% year on year in December, which was a deterioration from November’s 2.1% increase. The figure marked the worst reading since May. Looking at the details of the release, motor vehicles, parts and accessories sales grew at a softer pace, and sales of cultural and recreation goods and of information and communication equipment declined at sharper rates. However, food, beverages, and tobacco sales gained steam in December.

Meanwhile, annual average growth of retail sales was unchanged at November’s 1.5% in December, pointing at a stable long-term trend.

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