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 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 August 2017.
Roy Morgan Indonesian Consumer Confidence for August 2017 is 151.7 (down 0.4pts). Consumer Confidence is now 1.8pts higher than a year ago in August 2016 (149.9) and a large 17.3pts above the long-run average (2005-2017) of 134.4.
Now 37% (down 3ppts) of Indonesians said their families are ‘better off’ financially than this time a year ago compared to just 9% (down 3ppts) that said their families are ‘worse off’ financially (the equal lowest for this indicator for nearly three years since October 2014).
A smaller majority, 67% (down 3ppts), of Indonesians expect their family will be ‘better off’ financially this time next year compared to just 5% (up 2ppts) that expect to be ‘worse off’ financially.
In regard to the Indonesian economy now 83% (up 1ppt) of Indonesians expect Indonesia will have ‘good times’ financially during the next 12 months and just 16% (down 2ppts) say we’ll have ‘bad times’ financially (the equal lowest figure for this indicator for well over two years since March 2015).
And looking at the longer-term, 92% (unchanged) of Indonesians expect Indonesia will have ‘good times’ economically over the next five years and just 8% (unchanged) expect ‘bad times’ economically.
Over half, 57% (unchanged) of Indonesians, say ‘now is a good time to buy’ major household items (the equal highest figure for this indicator for well over two years since March 2015) and 39% (down 1ppt) say ‘now is a bad time to buy’ major household items.
Ira Soekirman, Director, Roy Morgan Research Indonesia, says:
"In a turbulent world, Indonesian consumers continue to look to the future with inimitable confidence. Jobs are at the heart of that buoyancy. Visible signs of progress - infrastructure among them- are the pillars of Indonesia's faith in itself. Almost unchanged, Consumer Confidence in August remained above the 150 mark yet again".
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 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 August 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 - August 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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