Nielsen: Indonesia's Consumer Confidence Ranks Among the World's Top Five
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Indonesia's consumer confidence index ranked among the top five globally in Q4 2016. According to the Nielsen Global Survey of Consumer Confidence and Spending Intentions in Q4 2016, consumer optimism in Indonesia reached 120. This index value decreased by two points compared to the previous quarter.
The decline in Indonesia's score was influenced by two indicators. First, a decrease in optimism regarding personal financial conditions over the next 12 months. Second, a decline in the willingness to spend in the next 12 months.
Despite the score decrease, the consumer confidence index in Indonesia remained high, ranking fourth globally. Consumer optimism in Indonesia was only surpassed by India, the Philippines, and the United States. Indonesian consumer confidence also exceeded global optimism, which stood at 101 points in the last quarter of 2016.
"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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