Indonesia's Central Statistics Agency (BPS) Projects Overall Retail Sales Growth in June 2022

Economics & Macro

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Dzulfiqar Fathur Rahman 13/07/2022 11:20 WIB

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Bank Indonesia (BI) estimates that retail sales in June 2022 grew by 15.4% year-on-year.

Annual Growth of Retail Sales by Group (June 2022)

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Indonesia's Central Statistics Agency (BPS) Projects Overall Retail Sales Growth in June 2022

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Annual Growth of Retail Sales by Group (June 2022)

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Bank Indonesia (BI) estimates that retail sales performance in June 2022 increased year-on-year.

This is reflected in the Real Retail Sales Index (IPR), which grew by 15.4% in June 2022 compared to the same period a year earlier (year-on-year/yoy).

According to BI, this year-on-year growth is in line with increased retail sales in the Food, Beverages, and Tobacco group, the Clothing subgroup, and the Spare Parts and Accessories group.

However, on a monthly basis, retail sales in June 2022 are estimated to have fallen by 2.1% compared to May 2022 (month-to-month/mtm).

The month-on-month decline occurred in the Food, Beverages, and Tobacco group and the Cultural Goods and Recreation group, amid increased sales in the Spare Parts and Accessories group, and Motor Vehicle Fuel.

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."