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Roy Morgan Indonesian Consumer Confidence virtually unchanged in December – now 148.8 (down 0.1pts); but lowest since February 2016

The monthly Roy Morgan Indonesian Consumer Confidence Rating is based on 2,148 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 December 2016.
Roy Morgan Indonesian Consumer Confidence for December fell to 148.8 (down 0.1pts). Consumer Confidence is now only 1pt higher than it was a year ago in December 2015 (147.8) but is still a large 15.7pts above the long-run average (2005-2016) of 133.1.

Now 36% (up 1ppt) of Indonesians said their families are ‘better off’ financially than this time a year ago compared to 9% (down 1ppt) that said their families are ‘worse off’ financially (the lowest figure for this indicator for over two years since November 2014).

A large majority, 67% (up 1ppt), of Indonesians expect their family will be ‘better off’ financially this time next year compared to only 4% (up 1ppt) that expect to be ‘worse off’ financially.

In terms of the Indonesian economy now 80% (down 1ppt) of Indonesians expect Indonesia will have ‘good times’ financially during the next 12 months (the lowest figure for this indicator since March 2016) and 20% (up 1ppt) say we’ll have ‘bad times’ financially (the highest figure for this indicator since March 2016).

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

Over half, 55% (unchanged) of Indonesians, say ‘now is a good time to buy’ major household items and 41% (unchanged) say ‘now is a bad time to buy’ major household items.

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

“Barely a twitch in confidence. The miniscule dip reflects the collective mood of consumers settling down to a new normal, with the drawn-out Ahok saga becoming a part of life. The majority continues to believe this is a good time to buy big ticket appliances and that is the most reassuring sign in these troubled times".

The monthly Roy Morgan Indonesian Consumer Confidence Rating is based on 2,148 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 December 2016.


For further information:

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


Roy Morgan Indonesian Consumer Confidence Rating - December 2016 - 148.8

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