Despite a Slight Weakening, Consumer Confidence Remains Optimistic in June 2022

Finance

Premium

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

URL has been copied

Memuat...

The Consumer Confidence Index (CCI) in June 2022 stood at 128.2. This figure shows a slight decrease from the previous month, but remains above 100, indicating that it is still in the optimistic zone.

Indonesia Consumer Confidence Index (June 2021 - June 2022)

A Small Font
A Medium Font
A Bigger Font

You are accessing content Single Data Premium.
To continue, please subscribe or buy individually.

Professional

Enjoy premium access with a more affordable price.

Start from

~~Rp300.000~~ 150.000/month

Access more premium content and exclusive features for customers.

Start from

50.000/month

Hanya Rp833 per artikel

More details »

Buy Retail

Read the article immediately “Despite a Slight Weakening, Consumer Confidence Remains Optimistic in June 2022”.

Rp10.000

We accept the following payments:

Some payment methods are still in the process of being activated.

Indonesia Consumer Confidence Index (June 2021 - June 2022)

Download

Source

A Small Font
A Medium Font
A Bigger Font

According to a Bank Indonesia (BI) survey, the Consumer Confidence Index (CCI) in June 2022 stood at 128.2. This figure shows a slight decrease from the previous month but remains above 100, indicating that it is still in the optimistic zone.

The CCI is an index reflecting the average confidence of Indonesian consumers regarding the current economic conditions and their expectations for future economic conditions.

The decline in the CCI in June 2022 is in line with the decrease in the Current Economic Conditions Index (CECI), which represents consumer perception of current economic conditions. The CECI fell from 116.4 in May 2022 to 114.5 in June 2022.

Meanwhile, consumer expectations regarding economic conditions in the next six months have improved. This is reflected in the Consumer Expectation Index (CEI), which reached 141.8 in June 2022, slightly higher than the previous month's 141.5.

The increase in the CCI in June 2022 only occurred among some respondents. Economic confidence remained strong, particularly among respondents with expenditures of Rp1 million to Rp3 million, while confidence weakened among respondents with expenditures of Rp3.1 million to Rp4 million and over Rp5 million.

Based on age, the June 2022 CCI remained strong among respondents aged 20-30 years, but decreased among most other age groups.

Spatially, the CCI decreased in several surveyed cities. The sharpest decline occurred in Mataram (-16.6), followed by Bandar Lampung (-11.1) and Medan (-9.9).

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."