Indonesia - Retail Sales

Indonesia: Retail Sales

Mnemonic WRT.IIDN
Unit Index 2010=100, NSA
Adjustments Not Seasonally Adjusted
Monthly 2.86 %
Data Dec 2020 186.53
Nov 2020 181.34

Series Information

Source Bank Indonesia
Release Retail Sales Survey
Frequency Monthly
Start Date 6/30/2003
End Date 12/31/2020

Indonesia: Consumer

Reference Last Previous Units Frequency
Consumer Confidence Jan 2021 84.85 96.5 Weighted Index, NSA Monthly
Real Retail Sales Dec 2020 186.53 181.34 Index 2010=100, NSA Monthly
Retail Sales Dec 2020 186.53 181.34 Index 2010=100, NSA Monthly

Release Information

The retail sales survey is a monthly survey seeking information on retail sentiments by type, region and industry sector. Its main purpose is to obtain prior information about the moving trend of Gross Domestic Product by Private Consumption. The survey involves approximately 270 respondents from 5 regions; namely Jakarta, Bandung, Semarang, Surabaya and Medan. The correlation between the survey and GDP from private consumption is 0.71 (based on correlation tests in 2001-2008).

Respondents are paneled and classified into 9 industry sectors based on The Indonesian Classification by Sectors (KLUI) 1997. The survey encompasses 3 types of price expectations including the general price, loan interest rates and sales expectations. The price and loan interest rates expectations are calculated by the balance score method (net balance + 100) where an index of more than 100 represents optimism. All results are presented in real index terms.

The data are provisional when first released and are subject to ongoing revision until they are made final no later than 12 months after the end of the reference month.