No. 27/214/DKom
According to the latest Retail Sales Survey, retailers expect sales to maintain growth in August 2025. This was reflected by 2.7% (yoy) growth of the Real Sales Index (RSI) in August 2025. The main contributors to retail sales growth in the reporting period were Spare Parts and Accessories, Automotive Fuel, as well as Cultural and Recreational Goods. On a monthly basis, respondents predict a shallower 0.3% (mtm) retail sales contraction, improving from a 4.1% (mtm) contraction the month earlier on the back of Food, Beverages and Tobacco as well as Clothing.
In July 2025, RSI growth accelerated to 4.7% (yoy) from 1.3% (yoy) in June 2025. Faster RSI growth was driven by retail sales of Spare Parts and Accessories, Other Household Equipment, as well as Stationery Goods. On a monthly basis, retail sales in July 2025 experienced a 4.1% (mtm) contraction due to the end of the collective leave period for religious holidays as well as the school holidays.
In terms of prices, respondents predict stable inflationary pressures in the next 3 months, namely October 2025, followed by a build-up of price pressures in the next 6 months, namely January 2026. This was reflected by a relatively stable Price Expectations Index (PEI) in October 2025 of 134.8 compared with 134.7 the month earlier, coupled with an increase in the PEI index in January 2026 to 169.3 from 163.4 previously.
More information concerning the Retail Sales Survey is accessible via the official Bank Indonesia website.
