Indonesia Retail Sales Growth at 4-Month Low

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Indonesia’s retail sales grew 3.5% year-on-year in December 2025, slowing from 6.3% in the previous month and marking the softest annual increase since August. Sales growth eased for food, beverages, and tobacco (5.9% vs 8.5% in November), automotive parts and accessories (14.8% vs 17.7%), and cultural and recreational goods (5.2% vs 8.1%). Meanwhile, fuel sales fell 7.1%, reversing a 0.8% increase previously. In addition, sales declined at faster rates for household appliances (-2.8% vs -1.6%), information and communication equipment (-30.0% vs -27.4%), and clothing (-7.0% vs -3.0%). On a monthly basis, retail activity rose 3.1%, up from a 1.5% increase in November and marking the strongest pace in nine months, highlighting resilient momentum in household consumption.

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