Indonesia Retail Sales Fall 3.0% in June as Monthly Growth Returns at 0.7%
Updated
Updated · TradingView · Aug 11
Indonesia Retail Sales Fall 3.0% in June as Monthly Growth Returns at 0.7%
2 articles · Updated · TradingView · Aug 11
Summary
Indonesia’s retail sales shrank 3.0% from a year earlier in June, improving from May’s 3.9% drop and marking the mildest decline since the downturn began in April.
A 0.7% month-on-month rise — the first in three months — suggested government support measures were starting to cushion households from persistent cost pressures and lift spending.
Sector trends stayed uneven: clothing sales narrowed their fall to 3.1% from 12.0%, household equipment rebounded 2.8%, and automotive parts jumped 18.8%, while information and communication equipment sank 20.2%.
Bank Indonesia has projected 0.9% retail sales growth for July, pointing to tentative stabilisation in consumer demand even as households still prioritise essential purchases.