Indonesia: Retail sales Y-on-Y
* indicates monthly or quarterly data series
The most recent value is 0.98 percent as of October 2024, a decline compared to the previous value of 4.73 percent. Historically, the average for Indonesia from July 2004 to October 2024 is 7.24 percent. The minimum of -26.31 percent was recorded in November 2008, while the maximum of 40.34 percent was reached in January 2010.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Bank Indonesia
| Recent values | Indonesia: Retail sales Y-on-Y |
|---|---|
| 2024 Oct | 0.98 |
| 2024 Sep | 4.73 |
| 2024 Aug | 5.8 |
| 2024 Jul | 4.48 |
| 2024 Jun | 2.73 |
| 2024 May | 2.06 |
| 2024 Apr | -2.72 |
| 2024 Mar | 9.33 |
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Definition: The retail sales Y-on-Y is an aggregated measure of the sales of retail goods over a stated period. Because retail sales are a measure of consumer demand for finished goods, they are a leading macroeconomic indicator of the pulse of an economy and its projected path toward expansion or contraction.
Retail sales Y-on-Y is calculated as the percent change in the Retail sales index from the same month the previous year.
The Retail sales Y-on-Y measures only volume changes, i.e. price level changes are excluded.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Industrial production | 2.16 | 9/2024 | percent |
| Retail sales | 209.53 | 10/2024 | index points |
| Retail sales Y-on-Y | 0.98 | 10/2024 | percent |
| House price index | 165.86 | Q2/2024 | index points |
| Real residential property prices Y-on-Y change | -0.99 | Q2/2024 | percent |
| Business confidence survey | 15.38 | Q1/2024 | points |
| Consumer confidence survey | 21.12 | 10/2024 | points |