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.

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Indonesia Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
86.90 86.20 128.20 9.60 2000 - 2020 points Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-06-12 03:00 AM May 77.8 84.8 90
2020-07-06 05:00 AM Jun 83.8 77.8 84
2020-08-06 03:00 AM Jul 86.2 83.8 88
2020-09-08 03:00 AM Aug 86.9 86.2 88
2020-10-06 03:00 AM Sep 86.9 91
2020-11-09 03:00 AM Oct
2020-12-08 03:00 AM Nov


News Stream
Indonesia Consumer Morale Improves to 5-Month High
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).
2020-09-08
Indonesia Consumer Morale Strongest in 4 Months
Indonesia's consumer confidence index increased 2.4 points from the previous month to 83.8 in July 2020, following a loosening of coronavirus-related lockdown measures. This was the strongest reading since March, as three of the six main sub-indices improved: current economic conditions (up 4.9 points to 50.7); job availability compared to six months ago (up 5.9 points to 30.4); and the assessment of current income (up 6.3 points to 53.1). Meanwhile, sub-indices deteriorated: economic outlook (down 0.1 points to 121.7); income expectations for the next six months (down 1.5 points to 125.4); and job availability expectations (down 2.6 points to 114.5).
2020-08-06
Indonesia Consumer Confidence Improves in June
Indonesia's consumer confidence index increased 6 points from the previous month to 83.8 in June 2020, following a loosening of coronavirus-related lockdown measures. Three of the six main sub-indices improved: economic outlook (up 16.9 points to 121.8); income expectations for the next six months (up 13.1 points to 126.9); and job availability expectations (up 11.3 points to 117.1). Meanwhile, sub-indices deteriorated: current economic conditions (down 4.9 points to 45.8); job availability compared to six months ago (down 3.7 points to 24.5); and the assessment of current income (down 4.0 points to 46.8).
2020-07-06
Indonesia Consumer Morale Weakest Since 2005
Indonesia's consumer confidence index declined 7 points from the previous month to 77.8 in May 2020, the lowest level since October 2005, reflecting the severe hit caused by COVID-19 outbreak amid restriction measures that led consumers to stay at home. The five of six of the main sub-indices deteriorated: current economic conditions (down by 12.1 points to 50.7); economic outlook (down by 1.9 points to 104.9); job availability compared to six months ago (down 13 points to 28.2); income expectations for the next six months (down 2.3 points to 113.8); and the assessment of current income (down by 12.7 points to 50.8). Meantime, sub-indices of job availability expectations increased (up 3.7 points to 105.8).
2020-06-12

Indonesia Consumer Confidence
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.