Retail Sales Accelerated - Bank Sentral Republik Indonesia
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December 12, 2019

The Retail Sales Survey conducted by Bank Indonesia in February 2019 revealed how sales have accelerated, as confirmed by a faster pace of Real Sales Index (RSI) growth from 7.2% (yoy) in January 2019 to 9.1% (yoy) in the reporting period. The main retail sales drivers were Clothing as well as Cultural and Recreational Goods.

Retailers predicted positive sales growth for March 2019, as reflected by expected RSI growth of 8.0% (yoy), induced by Clothing as well as Spare Parts and Accessories.

Retailers anticipated relatively controlled and stable inflationary pressures in the next three months (May 2019), as corroborated by a 3-month Price Expectations Index (PEI) of 153.9,slightly down from 154.3 the month earlier.

The complete survey result is available in the Retail Sales Survey on the website of Bank Indonesia

 

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