Q4 2017: Business Optimism Index Falls

Economics & Macro

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08/11/2017 07:07 WIB

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Business Tendency Index and Consumer Tendency Index 2016-2017

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Business Tendency Index and Consumer Tendency Index 2016-2017

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Business optimism declined in the final quarter of 2017. Despite the Christmas and New Year 2018 holidays, business optimism actually fell. This is reflected in the Business Tendency Index (ITB) for Q4 2017, which stood at only 109.7, lower than the Q3 2017 ITB of 112.39.

However, all business sectors are still expected to experience growth. The lowest growth is projected for the mining and quarrying sector at 103.84 and the construction sector at 108.46.

Consumer economic conditions in Q4 2017 are expected to be better than the previous quarter. This is reflected in the Consumer Tendency Index (ITK), which remained above 100. However, consumer optimism also declined, with the ITK in the last quarter of 2017 reaching only 105.49, lower than the Q3 2017 ITK of 109.42.

"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."

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Q4 2017: Business Optimism Index Falls

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