FX.co ★ Indonesia Retail Sales Growth at 4-Month Peak

In July 2025, Indonesia experienced a notable increase in retail sales, with a year-on-year rise of 4.7%, up from 1.3% growth in June. This marks the third successive month of rising sales and the most robust growth since March. The positive trend can be attributed to ongoing government stimulus efforts designed to bolster household spending capabilities. Key contributors to this growth included heightened demand for food, beverages, and tobacco, which saw a jump of 5.1% compared to 2.4% previously; fuel, with a 14.4% increase from 12.1%; and cultural and recreational goods, which grew by 5.2% from 1.5%. Additionally, sales of automotive parts and accessories significantly rebounded, showing a sharp climb of 12.5%, contrasting with a previous decline of 0.9%, while household appliances saw a positive shift, rising by 3.8% compared to a decrease of 5.9%. Conversely, the contraction in sales for information and communication equipment slowed, although still negative at -12.5% compared to -17.9% before, and the growth in clothing sales moderated slightly to 0.2% from 1.4%. On a month-to-month basis, retail sales dipped by 4.1%, marking the largest decrease in three months, as consumer demand returned to regular levels following Eid festivities and the recent holiday season.