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Roy Morgan Indonesian Consumer Confidence up slightly in July at 152.1 (up 1.6pts) – now highest for over two years

The monthly Roy Morgan Indonesian Consumer Confidence Rating is based on 2,141 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. Women & men aged 14 and over were randomly selected during the month of July 2017.
Roy Morgan Indonesian Consumer Confidence for July is 152.1 (up 1.6pts). Consumer Confidence is now 2pts higher than a year ago in July 2016 (150.1) and a large 17.8pts above the long-run average (2005-2017) of 134.3.

Now 40% (up 2ppts) of Indonesians said their families are ‘better off’ financially than this time a year ago (the highest figure for this indicator for over a year since April 2016) compared to just 12% (down 2ppts) that said their families are ‘worse off’ financially.

An increasing majority, 70% (up 2ppts), of Indonesians expect their family will be ‘better off’ financially this time next year (the highest figure for this indicator for over a year since March 2016) compared to just 3% (down 1ppt) that expect to be ‘worse off’ financially.

In regard to the Indonesian economy now 82% (unchanged) of Indonesians expect Indonesia will have ‘good times’ financially during the next 12 months and 18% (up 1ppt) say we’ll have ‘bad times’ financially.

And looking at the longer-term, 92% (up 1ppt) 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 over two years since March 2015) and 40% (unchanged) say ‘now is a bad time to buy’ major household items.

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

“Better off. Actually better off than last year, hopefully even better off in the year ahead. That is the reason why Indonesians are more confident. That confidence springs from a variety of positive signs. More jobs, inflation in check, a stable rupiah. From infrastructure to e-commerce, agriculture to tourism, more jobs are the primary reason for the optimism".

The monthly Roy Morgan Indonesian Consumer Confidence Rating is based on 2,141 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. Women & men aged 14 and over were randomly selected during the month of July 2017.


For further information:

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

Roy Morgan Indonesian Consumer Confidence Rating - July 2017 - 152.1

Click here to view the latest Roy Morgan Indonesian Consumer Confidence Release PDF - July 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. 

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