FX.co ★ Indonesia’s Retail Sales Growth Cools Sharply to 3.4% in March YoY

Indonesia’s retail sector lost momentum in March 2026, with year-on-year sales growth slowing to 3.4%, down from 6.5% in February 2026. The latest data, updated on 12 May 2026, highlight a notable deceleration in consumer spending compared with the same month a year earlier.

Both the current and previous readings are based on year-over-year comparisons, meaning March’s 3.4% figure reflects the change versus March of the prior year, while February’s 6.5% measured the change against February a year earlier. The shift suggests that, although retail activity is still expanding, the pace of growth has eased, potentially signaling softer demand or a normalization after stronger gains earlier in the year.