No.28/74/Dkom
According to the latest Retail Sales Survey conducted by Bank Indonesia in March 2026, retail sales performance is expected to remain positive. This is reflected in the Real Sales Index (RSI) for March 2026, which respondents predict to increase by 2.4% (yoy). Retail sales performance is primarily supported by growth of Spare Parts and Accessories; Food, Beverages and Tobacco; as well as Cultural and Recreational Goods. On a monthly basis, retailers predict sales in March 2026 to grow by 9.3% (mtm), higher than the 4.1% (mtm) recorded in February 2026. The improvement was attributable to stronger performance across most commodity groups, particularly Information and Communication Equipment, Automotive Fuel, and Clothing in line with rising household demand during Ramadan 1447 H and the Eid-ul-Fitr national religious holiday.
In February 2026, the RSI posted annual growth of 6.5% (yoy), up from 5.7% (yoy) in the preceding period. Growth was primarily supported by most commodity groups, especially Spare Parts and Accessories; Food, Beverages and Tobacco; as well as Clothing. On a monthly basis, retail sales in February 2026 increased by 4.1% (mtm), reversing the 2.7% (mtm) contraction recorded in the previous period. The gains were driven by sales of Spare Parts and Accessories; Food, Beverages and Tobacco; as well as Clothing as private demand strengthened during the holy fasting month of Ramadan.
In terms of prices, respondents predict a build-up of inflationary pressures in the next 3 months (May 2026), while pressures in the next 6 months (August 2026) are expected to remain relatively stable. This is reflected in the Price Expectations Index (PEI) for May 2026, which increased to 157.4 from 153.9 in April 2026 due to rising raw material prices. Meanwhile, the PEI for August 2026 is predicted at 157.2, relatively stable compared with the 157.1 recorded in July 2026.
More information concerning the Retail Sales Survey is accessible via the official Bank Indonesia website.
Jakarta, 13th April 2026
Communication Department
Ramdan Denny Prakoso
Executive Director
