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Roy Morgan Indonesian Consumer Confidence increases in September to highest in over a year – now 151.7 (up 1.8pts)

The monthly Roy Morgan Indonesian Consumer Confidence Rating is based on 2,145 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 September 2016.
Roy Morgan Indonesian Consumer Confidence for September rose to 151.7 (up 1.8pts). Consumer Confidence is now 8.5pts higher than it was a year ago in September 2015 (143.2) and is now a large 18.6pts above the long-run average (2005-2016) of 133.1.

Driving this month’s increase in Consumer Confidence was an increasing number of Indonesians saying now is a ‘good time to buy’ major household items.

Now 38% (unchanged) of Indonesians said their families are ‘better off’ financially than this time a year ago compared to 11% (down 1ppt) that said their families are ‘worse off’ financially.

A large majority, 67% (unchanged), of Indonesians expect their family will be ‘better off’ financially this time next year compared to only 4% (unchanged) that expect to be ‘worse off’ financially.

In terms of the Indonesian economy now 83% (down 1ppt) of Indonesians expect Indonesia will have ‘good times’ financially during the next 12 months and just 16% (unchanged) say we’ll have ‘bad times’ financially (the equal lowest figure for this indicator for over a year since March 2015).

Additionally, 92% (up 1ppt) of Indonesians expect Indonesia will have ‘good times’ economically over the next five years (the highest figure for this indicator for over a year since February 2015) and just 8% (unchanged) expect ‘bad times’ economically (the equal lowest figure for this indicator also since February 2015).

Now, well over half, 57% (up 4ppts) of Indonesians, say ‘now is a good time to buy’ major household items (the equal highest figure for this indicator for well over a year since March 2015) and 40% (down 3ppts) say ‘now is a bad time to buy’ major household items (the equal lowest figure for this indicator also since March 2015).

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

"After hardly moving for four straight months, Consumer Confidence has risen to 151.7 highest in over a year. This increased level of comfort can be seen due to the real proof of infrastructure development. Also inflation has been under control for the past months. While the government’s Tax Amnesty program at the end of the first three-month period has gained good results."

The monthly Roy Morgan Indonesian Consumer Confidence Rating is based on 2,145 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 September 2016.

For further information:

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


Roy Morgan Indonesian Consumer Confidence Rating - September 2016 - 151.7

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