The monthly Roy Morgan Indonesian Consumer Confidence Rating is based on 2,135 face-to-face interviews conducted throughout Indonesia, not just a handful of cities. The survey includes the Top 23 cities, smaller cities and towns as well as many more villages in the rural hinterland, reflecting all of Indonesia. Women & men aged 14 and over were randomly selected during the month of September 2017.
Roy Morgan Indonesian Consumer Confidence for September 2017 is down 1.3pts to 150.4. Consumer Confidence is also 1.3pts lower than a year ago in September 2016 (151.7) although a large 16.1pts above the long-run average (2005-2017) of 134.3.
Now 35% (down 2ppts) of Indonesians said their families are ‘better off’ financially than this time a year ago compared to 10% (up 1ppt) that said their families are ‘worse off’ financially.
A slightly smaller majority, 66% (down 1ppt), of Indonesians expect their family will be ‘better off’ financially this time next year compared to just 4% (down 1ppt) that expect to be ‘worse off’ financially.
In regard to the Indonesian economy now 83% (unchanged) 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 two and a half years since March 2015).
And looking at the longer-term, 91% (down 1ppt) of Indonesians expect Indonesia will have ‘good times’ economically over the next five years and only 9% (up 1ppt) expect ‘bad times’ economically.
Over half, 56% (down 1ppt) of Indonesians, say ‘now is a good time to buy’ major household items and 40% (up 1ppt) say ‘now is a bad time to buy’ major household items.
Ira Soekirman, Director, Roy Morgan Research Indonesia, says:
“Indonesian Consumer Confidence fell slightly in September to 150.4, but is still at very high levels above the impressive figure of 150 – although marginally more consumers are showing signs of ‘closing their wallets’ – 40% (up 1ppt) say now is a ‘bad time to buy’ major household items.
“The high levels of Consumer Confidence in Indonesia are a powerful indicator that backs up the high annual Indonesian GDP growth of 5% - one of the best rates of growth of any G20 major economy. The positive sentiment amongst Indonesians towards the Indonesian economy and also personal financial situations suggests strongly that Indonesia will be enjoying strong economic growth for many years to come.”
The monthly Roy Morgan Indonesian Consumer Confidence Rating is based on 2,135 face-to-face interviews conducted throughout Indonesia, not just a handful of cities. The survey includes the Top 23 cities, smaller cities and towns as well as many more villages in the rural hinterland, reflecting all of Indonesia. Women & men aged 14 and over were randomly selected during the month of September 2017.
For further information:
Ira Soekirman: Office +62 21 572 2021 Mobile +62 811165400
Click here to view the latest Roy Morgan Indonesian Consumer Confidence Release PDF - September 2017.
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.
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Sample Size
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Percentage Estimate
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|
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40%-60%
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25% or 75%
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10% or 90%
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5% or 95%
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1,000
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±3.0
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±2.7
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±1.9
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±1.4
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2,000
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±2.2
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±1.9
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±1.3
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±1.0
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