Consumer Income Expectations Weakened in March 2022

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Dzulfiqar Fathur Rahman 11/04/2022 10:30 WIB

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Bank Indonesia (BI) reported that the consumer income expectation index fell to 132 in March 2022. The previous month, this index was still at 135.3.

Consumer Expectation Index of Income (November 2021-March 2022)

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Consumer Income Expectations Weakened in March 2022

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Consumer Expectation Index of Income (November 2021-March 2022)

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Bank Indonesia (BI) reported that the consumer income expectation index fell to 132 in March 2022. Previously, this index stood at 135.3 in February 2022.

Although weakened, this consumer expectation index regarding income in the next six months remains in the optimistic zone, above the 100-point threshold.

Consumers with expenditures between Rp 4.1 million and Rp 5 million, the highest spending group, showed the greatest optimism in March 2022 with an index of 141.4.

Meanwhile, consumers with expenditures between Rp 1 million and Rp 2 million recorded the lowest optimism during the same period.

By age group, consumers aged 31-40 showed the highest optimism in March 2022 with an index of 137.3. On the other hand, senior consumers recorded the lowest optimism.

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."