Indonesia's consumer confidence index rose to 128.1 in April 2019 from 124.5 in the previous month. It was the highest level since June 2018, as the gauge measuring current economic conditions increased to 111.4 from 108.9 in March while the economic condition expectation index went up to 144.8 from 140.2. Also, inflationary pressures are expected to decrease in the next 12 month (166.4 from 169.2). Consumer Confidence in Indonesia averaged 98.80 Index Points from 2000 until 2019, reaching an all time high of 128.10 Index Points in June of 2018 and a record low of 9.60 Index Points in March of 2001.
Consumer Confidence in Indonesia is expected to be 122.40 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 125.00 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.