Retail sales Y-on-Y in Indonesia, February, 2020
For that indicator, Bank Indonesia provides data for Indonesia from July 2004 to February 2020. The average value for Indonesia during that period was 9.42 percent with a minimum of -26.31 percent in November 2008 and a maximum of 40.34 percent in January 2010.
Click on the following link to see the values of Retail sales Y-on-Y
around the world.
* indicates monthly or quarterly data series
Source: Bank Indonesia
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.