Indonesia's consumer confidence index fell to 125.5 in January of 2019 from a six month high of 127 reported in December. The gauge measuring current economic conditions declined to 110.3 from 111.9 in December, and the economic condition expectation index also went down to 104.6 from 142.1. Consumer Confidence in Indonesia averaged 98.43 Index Points from 2000 until 2019, reaching an all time high of 128.10 Index Points in June of 2018 and a record low of 9.60 Index Points in March of 2001.
Consumer Confidence in Indonesia is expected to be 122.70 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Indonesia to stand at 123.40 in 12 months time. In the long-term, the Indonesia Consumer Confidence is projected to trend around 128.00 Index Points in 2020, according to our econometric models.