No. 27/106/DKom
Retail sales are expected to remain solid in April 2025. The Real Sales Index (RSI) is predicted to record a level of 231.1 in April 2025, supported by growth of Spare Parts and Accessories, Automotive Fuel and Clothing. In contrast, respondents expect retail sales of other commodity groups to decline, particularly Information and Communication Equipment, Other Household Equipment, as well as Food, Beverages and Tobacco. On a monthly basis, respondents anticipate retail sales to contract by 6.9% (mtm) in April 2025 as private demand normalises after the Ramadan and Eid-ul-Fitr festive period.
The RSI in March 2025 was recorded at 248.3, with growth accelerating to 5.5% (yoy) from 2.0% (yoy) in February 2025. Faster RSI growth in March 2025 was driven by Food, Beverages and Tobacco, Cultural and Recreational Goods, as well as Clothing. On a monthly basis, retail sales recorded 13.6% (mtm) growth in March 2025, accelerating from 3.3% (mtm) the month earlier. Respondents confirmed higher retail sales of most commodity groups, particularly Food, Beverages and Tobacco, Cultural and Recreational Goods, as well as Clothing in line with a seasonal spike in demand during the Ramadan and Eid-ul-Fitr festive period and bolstered by the various discount pricing strategies deployed by retailers.
In terms of prices, respondents predict milder inflationary pressures in the next 3 months (June 2025) and 6 months (September 2025). This was reflected by respective decreases in the Price Expectations Index (PEI) in June and September 2025 to 146.4 and 153.1 from 148.3 and 155.5 in the previous period.
More information concerning the Retail Sales Survey is accessible via the official Bank Indonesia website.
Jakarta 14h May 2025
Communication Department
Ramdan Denny Prakoso
Executive Director
