Indonesia Consumer Confidence

Consumer confidence in Indonesia increased to 112.1 in May from 109 in the previous month, the highest since January, as households were more optimistic about the state of the economy. The present situation index went up to 96.5 (94.7 in April), and expectation index rose to 127.7 (123.2 in April). Consumer Confidence in Indonesia averaged 94.50 from 2000 until 2016, reaching an all time high of 120.60 in October of 2014 and a record low of 9.60 in March of 2001. Consumer Confidence in Indonesia is reported by the Bank Indonesia. In Indonesia, the Consumer Confidence Index (CCI) measures consumer’s expectations about current income and job availability against those 6 months ago, appropriate time to buy durable goods, and general economic conditions and job availability expectations in the next 6 months. The index is based on a survey of around 4600 middle up class households in major cities (those cities cover about 78 percent of GDP). Data is collected through phone interviews and direct visits. The two main components of the Index are the current economic condition index and the consumer expectation index. The CCI is computed as a net balance obtained from the difference between percentage on ’increase’ answer and percentage on ’decrease’ answer. An index above 100 indicates an improving outlook and below 100 a deteriorating outlook. This page provides – Indonesia Consumer Confidence – actual values, historical data, forecast, chart, statistics, economic calendar and news.