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Consumer Confidence Oktober 2018
October 01, 2018 17:07 WIB

Consumer Confidence strengthened in September 2018. In this month, the Consumer Confidence Index (CCI) rose by 4.1 percent from 97.5 to 101.5, after falling by 4.1 percent in the previous survey. Our latest survey reveals that consumers gave more positive assessments on current economic conditions and the state of the job market. In particular, consumer concerns on high foodstuff prices eased in the September survey. On a less positive note, however, more consumers said that LPG price increases were a worry for them.

The two main components which make up the CCI increased in September: the component measuring consumer sentiment toward current conditions, the Present Situations Index (PSI), rose 8.3 percent to 87.7, as sentiment toward the current state of the economy and the job market improved. The other main component of the CCI - the one measuring consumer sentiment toward the future (the Expectations Index or EI) – also increased,
adding 1.8 percent to 111.8. The increase in this index reflects stronger consumer optimism toward the economy and the job market outlook over the next six months.

With consumers being more upbeat on the national economic outlook, buying intentions for durable goods also increased in September. In our survey, 44.61 percent of consumers expressed plans to purchase a durable good over the next six months, or up from 41.13 percent in the previous month. Furthermore, on a yearly comparison, buying intentions for durable goods are also higher since only 41.07 percent of consumers expressed plans to purchase a durable good back in September 2017.

Consumer confidence in the government’s ability to carry out its duties strengthened in the September survey. After decreasing 3.3% in the previous survey, the Consumer Confidence in the Government Index (CCGI) increased 1.5% to 106.7 in September. Three components of the CCGI increased in our latest survey while two declined. Notably, four CCGI components are above the neutral level of 100, thereby indicating that consumers are generally convinced in the government’s ability to carry out its duties.

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Consumer Confidence September 2018
September 03, 2018 09:16 WIB

Consumer Confidence weakened in August 2018. In this month, the Consumer Confidence Index (CCI) retreated by 4.1 percent from 101.6 to 97.5, after increasing by 4.7 percent in the previous survey. Our latest survey reveals that consumers gave more negative assessments on current economic conditions and the state of the job market. In particular, consumer concerns on high foodstuff prices and job scarcity increased in the August survey. In addition, our survey also shows that consumers are less upbeat on the nation’s economic outlook.

The two main components which make up the CCI declined in August: the component measuring consumer sentiment toward current conditions, the Present Situations Index (PSI), retreated 5.5 percent to 81.0, as sentiment toward the current state of the economy and the job market deteriorated. The other main
component of the CCI - the one measuring consumer sentiment toward the future (the Expectations Index or EI) – also decreased, falling by 3.3 percent to 109.9. The fall in this index reflects weaker consumer optimism toward the economy and the job market outlook over the next six months.

With consumers being less upbeat on the national economic outlook, buying intentions for durable goods declined in August. In our survey, 41.13 percent of consumers expressed plans to purchase a durable good over the next six months, or down from 41.36 percent in the previous month. Furthermore, on a yearly comparison, buying intentions for durable goods are also lower since 42.34 percent of consumers expressed plans to purchase a durable good back in August 2017.

Consumer confidence in the government’s ability to carry out its duties weakened in the August survey. After increasing 2.9% in the previous survey, the Consumer Confidence in the Government Index (CCGI) declined 3.3% to 105.1 in August. All components of the CCGI declined in our latest survey. Nevertheless, four CCGI components are still above the neutral level of 100, thereby indicating that consumers are generally convinced in the government’s ability to carry out its duties.

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Consumer Confidence Agustus 2018
August 01, 2018 10:33 WIB

Consumer Confidence rebounded in July 2018. In this month, the Consumer Confidence Index (CCI) rose 4.7 percent from 97.1 to a six-month high of 101.6, after dropping by 2.4 percent in the previous survey. Our latest survey reveals that consumers gave more positive assessments on current economic conditions and the state of the job market. In particular, consumer concerns on high foodstuff prices and job scarcity have eased (with the proportion of consumers citing these issues as a concern falling from 73.0 percent to 70.1 percent and from 38.3 percent to 33.9 percent respectively in July).

The two main components which make up the CCI increased in July: the component measuring consumer sentiment toward current conditions, the Present Situations Index (PSI), added 9.1 percent to 85.7, as sentiment toward the current state of the economy and the job market improved. The other main
component of the CCI - the one measuring consumer sentiment toward the future (the Expectations Index or EI) – also increased, adding 2.3 percent to 113.6. The increase in this index reflects stronger consumer optimism toward the economy and the job market outlook over the next six months.

With consumers being more upbeat on the national economic outlook, buying intentions for durable goods also increased in July. In our survey, 41.36 percent of consumers expressed plans to purchase a durable good over the next six months, or up from 40.26 percent in the previous month. Furthermore, on a yearly comparison, buying intentions for durable goods are also higher since only 40.60 percent of consumers expressed plans to purchase a durable good back in July 2017.

Consumer confidence in the government’s ability to carry out its duties strengthened in the July survey. After decreasing 0.4% in the previous survey, the Consumer Confidence in the Government Index (CCGI) added 2.9% to 108.8 in July. All components of the CCGI increased in our latest survey. Furthermore, four CCGI components are still above the neutral level of 100, thereby indicating that consumers are generally
convinced in the government’s ability to carry out its duties.

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Forecast For Aug 2016

Exports US$ 10.40 bn
Imports US$ 10.20 bn
Trade Balance US$ 0.25 bn


Forecast for 2016

Exports US$ 148.50 bn
Imports US$ 147.20 bn
Trade Balance US$ 1.30 bn

DRI Forecast for Jan 2017

Inflation
MoM(%) 0.74
YoY(%) 3.26

SBI
End of period(% p.a) 4.75

Forecast for 2016

Inflation(%) 3.30
SBI(% p.a) 4.75