Latest reading: Retail sales declined 3.2% in year-on-year terms in April, which followed March’s 4.7% decrease. The figure was the...
Retail Sales in Indonesia
In the year 2024, the retail sales in Indonesia was 3.07%, compared to 14.46% in 2014 and 1.47% in 2023. It averaged 4.35% over the last decade.
Indonesia Retail Chart
Note: This chart displays Retail Sales (ann. var. %) for Indonesia from 2024 to 2015.
Source: Macrobond.
Indonesia Retail Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Retail Sales (ann. var. %) | 3.8 | -11.9 | 0.0 | 6.0 | 1.5 |
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Indonesian retail projections for the next ten years from a panel of 2 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable retail forecast available for Indonesian retail.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Indonesian retail projections.
Want to get access to the full dataset of Indonesian retail forecasts? Send an email to info@focus-economics.com.
Latest Global Retail News
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Hong Kong: Decline in retail sales softens in April -
Australia: Retail sales unexpectedly contract in April Latest reading: Retail sales fell 0.1% month on month in seasonally adjusted terms in April (March: +0.3% mom s.a.), defying... -
Spain: Retail sales increase in April Latest reading: Retail sales rose 0.7% in month-on-month seasonally adjusted terms in April, improving from March’s flat reading. Looking at... -
Poland: Retail sales post quickest growth since May 2022 in April Latest reading: Retail sales increased 7.6% compared to the same month a year earlier in April, which contrasted March’s 0.1%... -
United Kingdom: Retail sales growth gains momentum in April Latest reading: Retail sales grew 1.2% month-on-month in seasonally adjusted terms in April (March: +0.1% mom), well above market expectations... -
United States: Retail sales growth loses pace in April Latest reading: Retail sales expanded 0.1% month-on-month in seasonally adjusted terms in April (March: +1.7% mom), a month which saw... -
Indonesia: Retail sales fall at sharpest pace since April 2024 in April Latest reading: Retail sales fell 2.2% in year-on-year terms in April, which contrasted March’s 5.5% increase. April’s figure marked the...