Indonesia’s retail sales fell 3.7% yoy in April 2026, reversing a 3.4% increase in the prior month and marking the first decline since April 2025. The pullback underscored weaker household spending conditions, with higher non-subsidized fuel prices weighing on consumers’ purchasing power. Sales shrank more sharply for clothing (-7.0% vs -2.4% in March), and purchases of information and communication equipment stayed deeply negative (-26.4% vs -26.4%). Sales of food, beverages, and tobacco fell 3.8%, after a 4.7% rise in March, and fuel sales also weakened (-0.9% vs 2.1%). Growth eased for automotive parts (14.7% vs 15.5%) and recreational goods (0.7% vs 14.8%). In contrast, sales of other household appliances returned to growth (0.6% vs -3.5%). Monthly, retail sales plunged 11.6%, swinging from March’s 10.3% gain and recording the steepest fall since June 2022. Looking ahead, retail activity is likely to remain subdued as households continue to face pressure from elevated living costs.