Growth of retail sales during Ramadan Indonesia 2017-2019

Published by Hanadian Nurhayati-Wolff, Nov 8, 2023
In 2019, the Ramadan period saw a 13 percent growth in sales compared to the pre-festive period before it. The Muslim holy month of Ramadan usually sees an increase in spending among Indonesian Muslims. This is driven in part by the 13th month salary or Tunjangan Hari Raya that every employee receives.

Retail sales growth during the festive period of Ramadan in Indonesia from 2017 to 2019

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Release date

January 2020

Region

Indonesia

Survey time period

2017 to 2019

Special properties

sales growth compares sales during the festive period with that of pre-festive periods of each year

Supplementary notes

The data for pre-festive period in 2019 was taken as the average of four weekly data in the last six-month period from November 18 to April 19.

The data for festive period in 2019 was taken as the average of four weekly data for the period May to June 2019.

Data for 2017 found in prior report from Kantar Worldpanel.

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