TheJakartaPost
Please Update your browser
Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.
Retail sales show gradual improvement in September
The retail sales index is estimated to have contracted by 1.8 percent year-on-year in September, which marks an improvement from a 2.1 percent annual contraction in August.
Change text size
Gift Premium Articles
to Anyone
Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed!
Shoppers visit Jakarta’s Senayan City Mall on Christmas Day, Dec. 25, 2020. Malls are among the favorite places for Greater Jakarta residents to spend the year-end holidays. (Antara/Indrianto Eko Suwarso)
R
etailers have estimated that sales improved further in September, in line with the easing of mobility restrictions by the government, but spare parts, food and beverages may lag behind other categories.
Bank Indonesia (BI) reported Monday that the retail sales index contracted by an estimated 1.8 percent year-on-year (yoy) to 190.3 in September. The contraction is smaller than the 2.1 percent annual contraction in August.
“The result of the retail sales survey in August indicated an improvement,” Muhamad Nur, a group head at the central bank’s communications department, was quoted in a press release as saying on Monday.
“In line with that, respondents are expecting the retail sales performance to continue improving gradually in September.”
The number of visitors to retail and recreation places in Indonesia has rebounded to the prepandemic level, Google mobility data show. On Oct. 6, it was 5 percent above the normal level on a seven-day moving average basis.
Read also: Consumers less pessimistic but not optimistic, index shows
Sales of communication and information tools were estimated to have contracted by 27.8 percent in September from a year earlier, less than the 32.4 percent annual contraction seen in August.
