Manado: City with the Highest Consumer Confidence in April 2021
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In Bank Indonesia's consumer survey report, the Consumer Confidence Index (CCI) from 18 regions increased in April 2021. Manado achieved the highest CCI with 133.3 points, growing 0.6 points compared to the previous month.
Meanwhile, in terms of growth, Padang City experienced the highest CCI increase of 18.4 points. Bandung and Pangkal Pinang followed with CCI increases of 17.8 points and 14.5 points, respectively.
The CCI in April 2021 was recorded at 101.5 points, placing it in the optimistic zone after spending the last year in the pessimistic zone. The CCI improvement was driven by increased consumer expectations regarding future economic conditions. This is evident from the Consumer Expectation Index (CEI), which rose to 122.6 points last month.
"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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