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Roy Morgan Indonesian Consumer Confidence down slightly again in February to 146.5 (down 0.9pts); lowest since November 2015

The monthly Roy Morgan Indonesian Consumer Confidence Rating is based on 2,139 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 & women aged 14 and over were randomly selected during the month of February 2017.
Roy Morgan Indonesian Consumer Confidence for February fell to 146.5 (0.9pts). Consumer Confidence is just below a year ago in February 2016 (147.1) but is still a large 12.4pts above the long-run average (2005-2017) of 133.3.

The small decrease in Indonesian Consumer Confidence this month was caused by less confidence about family’s financial situations over the next 12 months and compared to this time last year.

Now 34% (down 1ppt) of Indonesians said their families are ‘better off’ financially than this time a year ago (the lowest figure for this indicator in nearly 6 years, since April 2011) compared to 12% (up 1ppt) that said their families are ‘worse off’ financially.

A clear majority, 63% (down 4ppts), of Indonesians expect their family will be ‘better off’ financially this time next year (the lowest figure for this indicator since June 2012) compared to just 5% (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 and 19% (unchanged) say we’ll have ‘bad times’ financially.

Additionally, looking at the longer-term, 90% (down 1ppt) of Indonesians expect Indonesia will have ‘good times’ economically over the next five years and 10% (up 1ppt) expect ‘bad times’ economically.

Over half, 53% (up 1ppt) of Indonesians, say ‘now is a good time to buy’ major household items and 42% (down 2ppts) say ‘now is a bad time to buy’ major household items.

Ira Soekirman, Director, Roy Morgan Research Indonesia, says:

"Till such time the cloud lifts over the Jakarta Gubernatorial Elections, Consumer Confidence will continue to gradually slide. The simmering tension has cast a long shadow over the economy, with no wins to brighten the mood of the people. New initiatives are needed to boost employment and wages, but such news is scarce".

The monthly Roy Morgan Indonesian Consumer Confidence Rating is based on 2,139 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 & women aged 14 and over were randomly selected during the month of February 2017.


For further information:

Ira Soekirman: Office +62 21 572 2021 Mobile +62 811165400

Roy Morgan Indonesian Consumer Confidence Rating - February 2017 - 146.5

Click here to view the latest Roy Morgan Indonesian Consumer Confidence Release PDF - February 2017.


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