This is the Proportion of Household Income Spent on Consumption in May 2022

Economics & Macro

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Dzulfiqar Fathur Rahman 15/06/2022 09:20 WIB

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Overall, the consumer consumption-to-income ratio is estimated to have reached 74.26% in May 2022, up from 73.9% the previous month.

Proportion of Income Used for Consumption by Expenditure Group (May 2022)

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This is the Proportion of Household Income Spent on Consumption in May 2022

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Proportion of Income Used for Consumption by Expenditure Group (May 2022)

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According to a Bank Indonesia (BI) survey report, the consumer group with expenditures between Rp1 million and Rp2 million is estimated to have spent 75.71% of their income on consumption in May 2022. This ratio is slightly higher than the 75.65% recorded in April 2022.

Meanwhile, the consumer group with expenditures exceeding Rp5 million is estimated to have spent 68.77% of their income on consumption in May 2022, a slight increase from 68.08% the previous month.

Overall, the ratio of consumer consumption to income is estimated to have reached 74.26% in May 2022, up from 73.9% the previous month.

"In line with the strengthening consumer optimism regarding income in May 2022, the average proportion of consumer income for consumption increased, while the average proportion of installment/debt payments remained stable," BI wrote in its report released on Thursday (June 9, 2022).

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."