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.