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​Communication Department

6/10/2021 10:00 AM
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Retail Sales Survey April 2021: Retail Sales Continue To Gain Momentum

 
Press Releases

No.23/ 140 /DKom

The latest Retail Sales Survey conducted by Bank Indonesia indicated another period of stronger retail sales performance in April 2021, with the corresponding Real Sales Index (RSI) accelerating to 17.3% (mtm) and 15.6% (yoy) from 6.1% (mtm) and -14.6% (yoy) in the previous period. Retailers confirmed that sales performance improved in response to a seasonal spike in demand during Ramadan, supported by various retail sales promotions (discounts). The main drivers of retail sales in the reporting period were Clothing; Food, Beverages and Tobacco; as well as Automotive Fuels.

Given lasting seasonal demand during the Ramadan and Eid-ul-Fitr festive period, retailers expected to maintain positive sales performance in the month of May 2021, as indicated by RSI growth of 1.6% (mtm) and 12.9% (yoy), despite retreating compared with conditions one month earlier. Slower sales growth was primarily expected to impact Food, Beverages and Tobacco as well as Clothing.

In terms of prices, retailers predicted a slight build-up of inflationary pressures in the next three months (July) before dispersing in the next six months (October). Such dynamics were confirmed by modest bump in the 3-month Price Expectations Index (PEI) to 142.4 from 141.4, coupled with a decrease in the 6-month PEI to 134.0 from 134.9, influenced by orderly distribution and adequate supply.

Full survey results are presented in the Retail Sales Survey available on the Bank Indonesia website.

 

Jakarta, 10th June 2021

Head of Communication Department

Erwin Haryono

Executive Director

 

 

Information about Bank Indonesia

Tel. 021-131, Email: bicara@bi.go.id

 

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​​Contact Center BICARA : (62 21) 131 e-mail : bicara@bi.go.id
Working hours: Monday to Friday, 08.00-16.00 West Indonesia Time

Halaman ini terakhir diperbarui 6/17/2021 9:59 AM
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