The Business Tendency Index in Indonesia declined to 105.33 in the third quarter of 2019 from 108.81 in the previous period. There was a deterioration in both income expectations (106.92 vs 114.44 in Q2) and usage of production capacity (107.56 vs 110.73), while average working hours edged up (101.51 vs 101.26).
Business Confidence in Indonesia averaged 106.77 Index Points from 2000 until 2019, reaching an all time high of 122.50 Index Points in the second quarter of 2000 and a record low of 95.12 Index Points in the first quarter of 2006. This page provides - Indonesia Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Statistics Indonesia
Business Confidence in Indonesia is expected to be 105.00 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Indonesia to stand at 105.00 in 12 months time. In the long-term, the Indonesia Business Confidence is projected to trend around 108.00 Index Points in 2020, according to our econometric models.