Indonesia's consumer confidence index rose 0.7 points from the previous month to 86.9 in August 2020, following a loosening of coronavirus-related lockdown measures. This was the strongest reading since March, as three of the six main sub-indices strengthened: current economic conditions (up 4.9 points to 55.6); job availability compared to six months ago (up 4.8 points to 35.2); and the assessment of current income (up 6.7 points to 59.8). Meanwhile, sub-indices deteriorated: economic outlook (down 3.5 points to 118.2); income expectations for the next six months (down 0.7 points to 124.7); and job availability expectations (down 0.1 points to 114.4).
Consumer Confidence in Indonesia averaged 99.56 points from 2000 until 2020, reaching an all time high of 128.20 points in May of 2019 and a record low of 9.60 points in March of 2001. This page provides - Indonesia Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Indonesia Consumer Confidence - data, historical chart, forecasts and calendar of releases - was last updated on September of 2020. source: Bank Indonesia
Consumer Confidence in Indonesia is expected to be 91.00 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 98.00 in 12 months time. In the long-term, the Indonesia Consumer Confidence is projected to trend around 99.00 points in 2021 and 112.00 points in 2022, according to our econometric models.