Indonesia's consumer confidence index tumbled 29 points from the previous month to 84.8 in April 2020, the lowest level since July 2008, as the COVID-19 outbreak forced governments to impose strict restriction measures that led consumers to stay at home. All of the main sub-indices deteriorated sharply: current economic conditions (down by 40.5 points to 62.8); economic outlook (down by 17.5 points to 106.8); job availability compared to six months ago (down 44.8 points to 41.2); job availability expectations (down 6.3 points to 102.1); income expectations for the next six months (down 22.1 points to 116.1); and the assessment of current income (down by 50.5 points to 63.5).

Consumer Confidence in Indonesia averaged 99.82 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 May of 2020. source: Bank Indonesia

Consumer Confidence in Indonesia is expected to be 96.00 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 98.50 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
84.80 113.80 128.20 9.60 2000 - 2020 points Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-02-06 03:00 AM Jan 121.7 126.4 126
2020-03-09 03:00 AM Feb 117.7 121.7 119
2020-04-06 03:00 AM Mar 113.8 117.7 101
2020-05-06 03:00 AM Apr 84.8 113.8 109
2020-06-12 03:00 AM May 84.8 90
2020-07-06 03:00 AM Jun 96
2020-08-06 03:00 AM Jul
2020-09-08 03:00 AM Aug


News Stream
Indonesia Consumer Morale Weakest Since 2008
Indonesia's consumer confidence index tumbled 29 points from the previous month to 84.8 in April 2020, the lowest level since July 2008, as the COVID-19 outbreak forced governments to impose strict restriction measures that led consumers to stay at home. All of the main sub-indices deteriorated sharply: current economic conditions (down by 40.5 points to 62.8); economic outlook (down by 17.5 points to 106.8); job availability compared to six months ago (down 44.8 points to 41.2); job availability expectations (down 6.3 points to 102.1); income expectations for the next six months (down 22.1 points to 116.1); and the assessment of current income (down by 50.5 points to 63.5).
2020-05-06
Indonesia Consumer Morale Weakest in 3-1/2 Years
Indonesia's consumer confidence index declined to 113.8 in March 2020 from 117.7 in the previous month. It was the weakest reading since September 2016, as five of the six main sub-indices deteriorated: economic outlook (down by 5.5 points to 124.3); current economic conditions (down by 2.2 points to 103.3); job availability compared to six months ago (down 4.1 points to 86.0); job availability expectations (down 3.1 points to 108.4); and income expectations for the next six months (down 5.7 points to 138.2). Meanwhile, the sub-index of current income was unchanged (at 114.0).
2020-04-06
Indonesia Consumer Morale Weakest in 3 Years
Indonesia's consumer confidence index declined to a three-year low of 117.7 in February 2020 from 121.7 in the previous month. All main sub-indices deteriorated: economic outlook (down by 3.9 points to 129.8); current economic conditions (down by 4.1 points to 105.5); job availability compared to six months ago (down 7.5 points to 90.1); job availability expectations (down 8.5 points to 111.5); current income (down 3.5 points to 114.0); and income expectations for the next six months (down 2.1 points to 143.9).
2020-03-09
Indonesia Consumer Morale Weakens in January
Indonesia's consumer confidence index declined to a three-month low of 121.7 in January 2020 from 126.4 in the previous month, with all main sub-indices falling: economic outlook (down by 5.9 points to 133.7); current economic conditions (down by 3.5 points to 109.6); job availability compared to six months ago (down 3.5 points to 97.6); job availability expectations (down 7.1 points to 120.0); current income (down 3.2 points to 117.5); and income expectations for the next six months (down 6.7 points to 146.0).
2020-02-06

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.