Indonesia's consumer confidence index declined to 123.1 in August 2019 from 124.8 in the previous month. This was the weakest reading since November last year, as the measure of job availability expectations decreased 3.4 points (122.4 vs 125.8 in July) and the measure of current income dropped 4.9 points (118.4 vs 123.3), while the index of current economic conditions fell by 0.9 points (110.3 vs 111.2). Also, the gauge measuring economic outlook fell by 2.4 points (136.0 vs 138.4) and the gauge measuring income expectations for the next six months decreased 3.2 points (147.0 vs 150.2). Conversely, the index of job availability compared to six months ago increased 1.9 points (98.5 vs 96.6), with the index of whether it was a good time to buy durable goods went up 0.3 points (113.9 vs 113.6). Consumer Confidence in Indonesia averaged 99.26 Index Points from 2000 until 2019, reaching an all time high of 128.20 Index Points in May of 2019 and a record low of 9.60 Index Points in March of 2001.

Consumer Confidence in Indonesia is expected to be 121.90 Index 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 124.00 in 12 months time. In the long-term, the Indonesia Consumer Confidence is projected to trend around 128.00 Index Points in 2020, according to our econometric models.

Indonesia Consumer Confidence
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Calendar GMT Actual Previous Consensus TEForecast
2019-06-12 03:00 AM Consumer Confidence May 128.2 128.1 126.9
2019-07-08 03:15 AM Consumer Confidence Jun 126.4 128.2 126.4
2019-08-06 03:00 AM Consumer Confidence Jul 124.8 126.4 127.2
2019-09-05 03:15 AM Consumer Confidence Aug 123.1 124.8 123.8
2019-10-04 09:15 AM Consumer Confidence Sep 123.1 121.9
2019-11-05 09:15 AM Consumer Confidence Oct
2019-12-05 09:15 AM Consumer Confidence Nov


Indonesia Consumer Last Previous Highest Lowest Unit
Consumer Confidence 123.10 124.80 128.20 9.60 Index Points [+]
Retail Sales MoM -5.30 -6.50 26.00 -22.30 percent [+]
Retail Sales YoY 2.40 -1.80 40.30 -26.30 percent [+]
Consumer Spending 1467542.40 1442550.90 1467542.40 926097.50 IDR Billion [+]
Consumer Credit 2450233.00 2445720.00 2450233.00 27200.00 IDR Billion [+]
Households Debt To GDP 17.00 17.00 17.10 6.20 percent of GDP [+]
Gasoline Prices 0.45 0.46 0.79 0.16 USD/Liter [+]
Consumer Confidence Current Conditions 113.70 115.00 115.80 52.00 [+]
Consumer Confidence Economic Expectations 131.00 136.90 143.40 64.30 [+]


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. This page provides - Indonesia Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Indonesia Consumer Confidence - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
123.10 124.80 128.20 9.60 2000 - 2019 Index Points Monthly




Country Last Previous
Argentina 41.90 Aug/19
Australia 98.20 Sep/19
Brazil 47.00 Jun/19
Canada 53.00 Sep/19
China 124.40 Jul/19
Euro Area -6.50 Sep/19
France 102.00 Aug/19
Germany 9.70 Sep/19
India 95.70 Sep/19
Indonesia 123.10 Aug/19
Italy 111.90 Aug/19
Japan 37.10 Aug/19
Mexico 43.40 Aug/19
Netherlands -2.00 Sep/19
Russia -15.00 Jun/19
Saudi Arabia 114.00 Jun/19
South Africa 5.00 Jun/19
South Korea 92.50 Aug/19
Spain 86.00 Aug/19
Switzerland -8.00 Sep/19
Turkey 55.80 Sep/19
United Kingdom -14.00 Aug/19
United States 92.00 Sep/19


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