Indonesia's consumer confidence decreased to a four-month low of 123.5 in July 2023 from 127.1 in the previous month, as all sub-indexes declined. Households' assessment weakened regarding the country's economic outlook (down by 4.3 points to 133.2) and current economic conditions (down by 3.0 points to 113.8). Also, the job availability dropped (by 4.6 points to 113.0), as did the job availability compared to six months ago (by 5.8 points to 129.8), current income (by 5.4 points to 119.7), and income expectations for the next six months were lower (by 5.1 points to 133.6). source: Bank Indonesia

Consumer Confidence in Indonesia averaged 100.85 points from 2000 until 2023, reaching an all time high of 128.90 points in May of 2022 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 August of 2023.

Consumer Confidence in Indonesia is expected to be 120.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Indonesia Consumer Confidence is projected to trend around 115.00 points in 2024 and 118.00 points in 2025, according to our econometric models.

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Indonesia Consumer Confidence



Calendar GMT Reference Actual Previous Consensus TEForecast
2023-07-10 03:00 AM Jun 127.1 128.3 128
2023-08-08 04:30 AM Jul 123.5 127.1 127.5
2023-09-08 03:00 AM Aug 123.5


Related Last Previous Unit Reference
Consumer Confidence 123.50 127.10 points Jul 2023
Retail Sales MoM -0.30 -8.00 percent Jun 2023
Retail Sales YoY 7.90 -4.50 percent Jun 2023
Consumer Credit 3132304.00 3106498.00 IDR Billion Jun 2023

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.
Actual Previous Highest Lowest Dates Unit Frequency
123.50 127.10 128.90 9.60 2000 - 2023 points Monthly

News Stream
Indonesia Consumer Morale Falls to 4-Month Low
Indonesia's consumer confidence decreased to a four-month low of 123.5 in July 2023 from 127.1 in the previous month, as all sub-indexes declined. Households' assessment weakened regarding the country's economic outlook (down by 4.3 points to 133.2) and current economic conditions (down by 3.0 points to 113.8). Also, the job availability dropped (by 4.6 points to 113.0), as did the job availability compared to six months ago (by 5.8 points to 129.8), current income (by 5.4 points to 119.7), and income expectations for the next six months were lower (by 5.1 points to 133.6).
2023-08-08
Indonesia Consumer Mood Weakens in June
Indonesia's consumer confidence declined to 127.1 in June 2023 from May’s 12-month high of 128.3, as all sub-indexes decreased. Households' assessment weakened regarding the country's economic outlook (down by 0.3 points to 137.5) and current economic conditions (down by 2.1 points to 116.8). Also, the job availability fell (by 3.5 points to 117.6), as did the job availability compared to six months ago (by 1.0 points to 135.6), current income (by 0.3 points to 125.1), and income expectations for the next six months were lower (by 1.2 points to 138.7).
2023-07-10
Indonesia Consumer Morale Highest in A Year
Indonesia's consumer confidence increased to 128.3 in May 2023 from 126.1 in April, pointing to the highest level since May 2022. Households' assessment regarding the country's economic outlook improved (up by 2.3 points to 137.8), and those of current economic conditions strengthened (up by 2.3 points to 118.9). Also, the job availability rose (by 3.0 points to 121.1), as did the job availability compared to six months ago (by 0.1 points to 136.6) and current income (up by 1.5 points to 125.4). On the other hand, sub-indexes of income expectations for the next six months were lower (down by 1.0 points to 136.9).
2023-06-12