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.

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Indonesia Consumer Confidence



Calendar GMT Actual Previous Consensus TEForecast
2022-10-10 03:00 AM Sep 117.2 124.7 123
2022-11-08 03:15 AM Oct 120.3 117.2 116
2022-12-08 03:00 AM Nov 120.3 119


Related Last Previous Unit Reference
Consumer Confidence 120.30 117.20 points Oct 2022
Retail Sales MoM 0.80 -3.10 percent Aug 2022
Retail Sales YoY 4.60 4.90 percent Sep 2022
Consumer Credit 2908935.00 2882684.00 IDR Billion Aug 2022

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
120.30 117.20 128.90 9.60 2000 - 2022 points Monthly

News Stream
Indonesia Consumer Mood Improves
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).
2022-11-08
Indonesia Consumer Mood Drops to 5-Month Low
Indonesia's consumer confidence fell 7.5 points from the prior month to 117.2 in September 2022. This was the lowest level since April, reflecting the impact of a sharp fuel price hike early in the month. Households' sentiment toward the country's economic outlook deteriorated (down 11.5 points to 126.1), and that over the current economic conditions weakened (down 3.4 points to 108.3). In addition, consumers' views about the current income softened (down 5.3 points to 114.5), and those over income expectations for the next six months were less positive (down 7 points to 131.2). Further, the assessment of job availability compared to six months ago decreased by 4.3 points to 107.9 with expectations about job availability shedding 7.9 points to 128.3.
2022-10-10
Indonesia Consumer Morale Improves
Indonesia's consumer confidence index climbed 1.5 points to 124.7 in August of 2022 from July’s of 123.2, amid further easing of mobility restrictions. Most of the six main sub-indices increased: the assessment of current economic conditions (up 0.8 points to 111.7), the assessment of current income (up 1.6 points to 119.8), economic outlook (up 2.2 points to 137.7), job availability compared to six months ago (up 0.3 points to 112.2), and job availability expectations (up 1.7 points to 136.2). Meanwhile, income expectations for the next six months weakened slightly (down 0.1 points to 138.2).
2022-09-08