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Roy Morgan Indonesian Consumer Confidence virtually unchanged in May (149.7, down 0.2pts)

The monthly Roy Morgan Indonesian Consumer Confidence Rating is based on 2,149 face-to-face interviews conducted throughout Indonesia, not just a handful of cities. The survey includes the Top 22 cities, smaller cities and towns as well as many more villages in the rural hinterland, reflecting all of Indonesia. Men and women aged 14 and over were randomly selected during the month of May 2016.
Roy Morgan Indonesian Consumer Confidence for May fell slightly to 149.7 (down 0.2pts). Consumer Confidence is now 2.5pts lower than it was a year ago in May 2015 (152.2) and it is 16.7pts above the long-run average (2005-2016) of 133.0.

The main reason for this month’s small fall in confidence was less confidence about buying major household items.

Now 39% (down 2ppts) of Indonesians said their families are ‘better off’ financially than this time a year ago compared to 10% (down 3ppts) that said their families are ‘worse off’ financially.

However now 67% (down 2ppts) of Indonesians expect their family will be ‘better off’ financially this time next year (the equal lowest figure for this indicator since September 2015) compared to 4% (down 1ppt) that expect to be ‘worse off’ financially.

In terms of the Indonesian economy now 81% (unchanged) of Indonesians expect Indonesia will have ‘good times’ financially during the next 12 months (the equal lowest figure for this indicator since August 2015) and just 19% (unchanged) say we’ll have ‘bad times’ financially.

Additionally, now 90% (up 1ppt) of Indonesians expect Indonesia will have ‘good times’ economically over the next five years and only 9% (down 2ppts) expect ‘bad times’ economically (the equal lowest figure for this indicator since March 2015).

Now just over half, 54% (down 3ppts) of Indonesians say ‘now is a good time to buy’ major household items and 41% (up 1ppt) say ‘now is a bad time to buy’ major household items.

Debnath Guharoy, Roy Morgan Regional Director, Asia, says:

"The real economy is slowing down again, and the signs of shaky confidence are setting in. The President is unhappy with local governments who have failed to spend sanctioned infrastructure development budgets. It remains the primary catalyst for growth. People are feeling the pinch, confidence will dwindle if construction slows down and the visible signs of development aren’t conspicuous. The shockwaves from Brexit will take its toll and Indonesia will need to look for a bigger slice of dwindling foreign investment around the globe.”

The monthly Roy Morgan Indonesian Consumer Confidence Rating is based on 2,149 face-to-face interviews conducted throughout Indonesia, not just a handful of cities. The survey includes the Top 22 cities, smaller cities and towns as well as many more villages in the rural hinterland, reflecting all of Indonesia. Men and women aged 14 and over were randomly selected during the month of May 2016.


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Roy Morgan Indonesian Consumer Confidence - May 2016 - 149.7

Click to view the latest Roy Morgan Indonesian Consumer Confidence Release PDF - May 2016.


Latest ANZ-Roy Morgan Consumer Confidence Releases

Latest Roy Morgan Indonesian & ANZ-Roy Morgan Consumer Confidence Data Tables

Related Research Reports

The latest Roy Morgan Consumer Confidence Monthly Report is available on the Roy Morgan Online Store. It provides demographic breakdowns for Age, Sex, State, Region (Capital Cities/ Country), Generations, Lifecycle, Socio-Economic Scale, Work Status, Occupation, Home Ownership, Voting Intention, Roy Morgan Value Segments and more.

You can also view our monitor of Monthly Australian Unemployment & Under-employment Estimates.


Margin of Error

The margin of error to be allowed for in any estimate depends mainly on the number of interviews on which it is based. The following table gives indications of the likely range within which estimates would be 95% likely to fall, expressed as the number of percentage points above or below the actual estimate. The figures are approximate and for general guidance only, and assume a simple random sample. Allowance for design effects (such as stratification and weighting) should be made as appropriate. 

Sample Size

Percentage Estimate

 

40%-60%

25% or 75%

10% or 90%

5% or 95%

1,000

±3.0

±2.7

±1.9

±1.4

2,000

±2.2

±1.9

±1.3

±1.0