Indonesia's consumer confidence increased to 120.3 in October 2022 from September's five-month low of 117.2, as the impact of the recent fuel price hike faded. Households' sentiment about their current income strengthened (up 4.2 points to 118.7), as did their views toward income expectations for the next six months (up 1.1 points to 132.3). Also, consumers' views improved toward both the country's economic outlook (up 2.2 points to 128.3) and the current economic conditions (up 4.0 points to 112.3). Meantime, the assessment of job availability compared to six months ago was more positive (up 3.4 points to 111.3 while expectations about job availability weakened (down 1.6 points to 126.7). source: Bank Indonesia
Consumer Confidence in Indonesia averaged 100.09 points from 2000 until 2022, 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 November of 2022.
Consumer Confidence in Indonesia is expected to be 115.00 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 112.00 points in 2023 and 115.00 points in 2024, according to our econometric models.