Indonesia's consumer confidence increased to 125.0 in January 2024 from 123.8 in December. It was the strongest reading since last August, as most sub-indices improved, namely expectations about the country's current economic conditions (up by 2.0 points to 115.6), income expectations for current income (up 1.3 points to 116.5), economic outlook (up 0.6 to 134.5), job availability (up 3.8 points to 133.7), and job availability compared to six months ago (up 5.7 to 118.4). In contrast, income expectations for the next six months declined (down 4.9 to 134.8). source: Bank Indonesia

Consumer Confidence in Indonesia increased to 125 points in January from 123.80 points in December of 2023. Consumer Confidence in Indonesia averaged 101.34 points from 2000 until 2024, 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 February of 2024.

Consumer Confidence in Indonesia increased to 125 points in January from 123.80 points in December of 2023. Consumer Confidence in Indonesia is expected to be 124.00 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 118.00 points in 2025, according to our econometric models.

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Indonesia Consumer Confidence


Calendar GMT Reference Actual Previous Consensus TEForecast
2024-01-09 03:25 AM
Consumer Confidence
Dec 123.8 123.6 124
2024-02-13 03:00 AM
Consumer Confidence
Jan 125.0 123.8 123.9
2024-03-08 03:00 AM
Consumer Confidence
Feb 125.0


Related Last Previous Unit Reference
Consumer Confidence 125.00 123.80 points Jan 2024
Retail Sales MoM 4.90 0.20 percent Dec 2023
Retail Sales YoY 0.20 2.10 percent Dec 2023
Consumer Credit 3295196.00 3261816.00 IDR Billion Dec 2023

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
125.00 123.80 128.90 9.60 2000 - 2024 points Monthly

News Stream
Indonesia Consumer Mood Highest in 5 Months
Indonesia's consumer confidence increased to 125.0 in January 2024 from 123.8 in December. It was the strongest reading since last August, as most sub-indices improved, namely expectations about the country's current economic conditions (up by 2.0 points to 115.6), income expectations for current income (up 1.3 points to 116.5), economic outlook (up 0.6 to 134.5), job availability (up 3.8 points to 133.7), and job availability compared to six months ago (up 5.7 to 118.4). In contrast, income expectations for the next six months declined (down 4.9 to 134.8).
2024-02-13
Indonesia Consumer Morale Edges Up
Indonesia's consumer confidence inched up to 123.8 in December 2023 from 123.6 in the previous month. Two out of six main sub-indices improved, namely households' assessment regarding the country's current economic conditions (up by 0.6 points to 113.6) and income expectations for the next six months (up 1.7 to 139.7). Meanwhile, sub-indices declined for job availability (by 1.5 points to 129.9), as did the job availability compared to six months ago (by 0.5 to 112.7), households' assessment regarding income expectations for current income (down 0.4 points to 115.2), and economic outlook were lower (by 0.3 to 133.9).
2024-01-09
Indonesia Consumer Morale Weakens
Indonesia's consumer confidence declined to 123.6 in November 2023 from 124.3 in the previous month. Most of the sub-indexes were lower, namely households' assessment regarding the country's current economic conditions (down by 1.4 points to 113.0), the job availability (down 2.6 points to 131.4), the job availability compared to six months ago (by 4.3 to 113.2), and current income (down 0.8 points to 115.6). Meantime, households' assessment regarding income expectations for the next six months improved (up 2.3 138.0) while consumers’ view of the country's economic outlook was unchanged (at 134.2).
2023-12-08