No.28/155/DKom
According to the latest Retail Sales Survey, retailers expect sales to increase on an annual basis in July 2026. Respondents predict a Real Sales Index (RSI) in July 2026 of 224.4, growing by 0.9% (yoy), accelerating from the previous period. Respondents predict higher sales of Food, Beverages, and Tobacco, accompanied by positive growth of Spare Parts and Accessories as well as Other Household Equipment, to support retail sales in the reporting period. On a monthly basis, retailers anticipate a 0.3% (mtm) sales contraction in July 2026, impacted by the normalisation of demand after the national religious festive period and school holidays. Nevertheless, retail sales performance in July 2026 is expected to improve compared with July 2025, when sales contracted by 4.1% (mtm).
In June 2026, the RSI was recorded at 225.0. RSI performance in June 2026 was supported by maintained annual sales growth of Spare Parts and Accessories, Other Household Equipment, as well as Other Goods. On a monthly basis, retail sales grew by 0.7% (mtm) in June 2026, improving from a 1.5% (mtm) contraction in the previous period, in line with maintained demand during the national religious festive period and school holidays.
In terms of prices, respondents predict milder inflationary pressures in September 2026, followed by a build-up in December 2026. This was reflected by a Price Expectations Index (PEI) in September 2026 of 155.2, down from 178.0 in August 2026. Meanwhile, respondents predict the PEI in December 2026 at 168.1, up from 167.5 in November 2026.
More information concerning the Retail Sales Survey is accessible via the official Bank Indonesia website.
Jakarta, 11th August 2026
Communication Department
Ramdan Denny Prakoso
Executive Director
