The Bank Indonesia Retail Sales Survey (RSS) results indicated an increase in retail sales performance both monthly and annually in April 2021.

Real Sales Index (RSI) in April 2021 grew by 17.3% (MoM) and 15.6% (YoY), higher than the previous month's growth of 6.1% (MoM) and -14.6% (YoY), " said BI's press release on Thursday (10/6).

Respondents said that the increase in retail sales performance was driven by increased demand during Ramadan supported by various discount programs. The increase in sales occurred in most of the commodity groups surveyed, notably the Clothing, Food, Beverages, and Tobacco Group and the Motor Vehicle Fuel Group.

In line with the continued increase in demand during the Ramadan and Eid al-Fitr periods, sales performance was predicted to return to positive growth in May 2021. RSI in May 2021 was forecasted to grow by 1.6% (MoM) and 12.9% (YoY), although not as high as growth in the previous month. The slowdown