Optimism in the second quarter of 2017 increased compared to the previous quarter. This is indicated by the increase in the Business Tendency Index (ITK) of the Central Bureau of Statistics in the second quarter of this year to 115.92 from 102.27 in the previous quarter.
This improvement in consumer optimism was driven by increased household income, reflected in the household income variable index of 116.49. Inflation did not affect household consumption levels, with an index of 109.07, and household consumption volume increased with an index reaching 1213.24.
For the third quarter of 2017, consumer economic conditions are expected to improve compared to the previous quarter, with a national ITK of 103.29. However, consumer optimism is lower than in the previous quarter. Consumer optimism in the third quarter of this year was highest in West Sulawesi with an ITK of 113.06. Meanwhile, the lowest consumer optimism was in West Kalimantan with an ITK of 100.24.
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