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Roy Morgan Indonesian Consumer Confidence virtually unchanged at 147.1 in February

The monthly Roy Morgan Indonesian Consumer Confidence Rating is based on 2,147 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 February 2016.
Roy Morgan Indonesian Consumer Confidence for February is virtually unchanged at 147.1 (down 0.3pts). However, Consumer Confidence is now 7pts lower than it was a year ago in February 2015 (154.1) although it is still clearly above the long-run average (2005-2016) of 131.8.

Now 40% (up 2ppts) of Indonesians said their families are ‘better off’ financially than a year ago (the highest for this indicator since August 2015) compared to just 10% (unchanged) that said their families are ‘worse off’ financially (the equal lowest for this indicator for over a year since November 2014).

In addition now 68% (up 1ppt) of Indonesians expect their family will be ‘better off’ financially this time next year (the equal highest for this indicator since August 2015) compared to 5% (up 2ppts) that expect to be ‘worse off’ financially.

In terms of the Indonesian economy now 79% (down 2ppts) of Indonesians expect Indonesia will have ‘good times’ financially during the next 12 months and 21% (up 2ppts) say we’ll have ‘bad times’ financially.

Additionally, now 89% (down 2ppts) of Indonesians expect Indonesia will have ‘good times’ economically over the next five years and only 10% (up 1ppt) expect ‘bad times’ economically.

Now more than half, 52% (up 3ppts) of Indonesians say ‘now is a good time to buy’ major household items (the highest for this indicator since August 2015) and 46% (down 2ppts) say ‘now is a bad time to buy’ major household items.

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

“In contrast with most G20 countries, Indonesia’s consumers are still upbeat. New jobs in infrastructure development are helping many families, the signs of construction are reassuring others of progress being made. Significantly, more than half the population believes this is a good time to buy a major household item, up two points from the previous month. That’s the best indicator for more wallets opening. As the rupiah strengthens, consumer prices will stabilise and boost confidence even further.”

The monthly Roy Morgan Indonesian Consumer Confidence Rating is based on 2,147 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 February 2016.


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Roy Morgan Indonesian Consumer Confidence Rating - February 2016 - 147.1

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