Low-Spending Consumers More Optimistic in June 2022

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Vika Azkiya Dihni 11/07/2022 12:00 WIB

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According to a Bank Indonesia (BI) survey, consumers with expenditures of Rp1 million to Rp2 million felt increasingly optimistic in June 2022.

Consumer Confidence Index by Expenditure Group (May-June 2022)

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Low-Spending Consumers More Optimistic in June 2022

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Consumer Confidence Index by Expenditure Group (May-June 2022)

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According to a Bank Indonesia (BI) survey, consumer optimism among those with the lowest spending strengthened in June 2022.

BI recorded that the Consumer Confidence Index (CCI) was generally at 128.2 in June 2022. This value decreased by 0.5% compared to the previous month's 128.9, but remained above 100, indicating an optimistic outlook.

Based on spending groups, consumer confidence was strong, particularly among respondents with expenditures of Rp1 million to Rp2 million, whose index reached 120.1 in June 2022. This index increased compared to the previous month's 118.4.

Consumers with expenditures of Rp2.1 million to Rp3 million had a CCI of 128.1 in June 2022. This value also increased compared to the previous month's 126.4.

Meanwhile, consumers with expenditures of Rp3.1 million to Rp4 million had a CCI of 127.3, down from the previous month's 132.8.

Consumers with expenditures of Rp4.1 million to Rp5 million had a CCI of 128.2, an increase compared to the previous month's 127.4.

Finally, the CCI for consumers with expenditures above Rp5 million weakened in June 2022, reaching 136.4. This value decreased from May 2022's 139.6.

(See also: [What is the average monthly consumer expenditure?](https://databoks.katadata.co.id/datapublish/2022/06/21/berapa-rata-rata-pengeluaran-konsumsi-masyarakat-tiap-bulan))

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."

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Low-Spending Consumers More Optimistic in June 2022

Low-Spending Consumers More Optimistic in June 2022

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