CONSUMER CONFIDENCE – INDONESIA

Indonesians and New Zealanders more confident than Australians

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Original article by Roy Morgan
Market Research Update – Page: Online : 26-Feb-18

In early 2018 Consumer Confidence in Indonesia and New Zealand is higher than mutual neighbour Australia. Indonesian Consumer Confidence ended 2017 at 155.4, and it is almost 30pts above the latest ANZ-Roy Morgan New Zealand Consumer Confidence Rating of 126.9 in January, and more than 40pts higher than the latest ANZ-Roy Morgan Australian Consumer Confidence Rating of 115.3. Indonesian Consumer Confidence soared following the Global Financial Crisis in 2008-09 and has been consistently higher than either Australia or NZ since late 2010. In fact, Indonesian Consumer Confidence has not dipped below 140 since April 2012 (139.6) and it reached a high of 161.4 in August and November 2014, when current President Joko Widodo was elected (July 2014) and inaugurated three months later. New Zealand Consumer Confidence has also been consistently higher than in Australia in the last four years. Since September 2013 New Zealand Consumer Confidence has been higher than in Australia in 50 out of 52 months and more than 10pts higher for two long periods in particular: November 2013 to June 2015 and November 2016 to the present. New Zealand Consumer Confidence reached a recent high of 129.9 in September 2017 as New Zealanders went to the polls. In contrast, Australian Consumer Confidence has lagged its neighbours for much of the past half-decade after an initially strong recovery from the Global Financial Crisis of 2008-09 with the impact of the "Mining Boom" peaking in 2010-2011.

CORPORATES
ROY MORGAN LIMITED

Indonesian Consumer Confidence highest in Bali, Sulawesi & Maluku Islands

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Original article by Roy Morgan
Market Research Update – Page: Online : 22-Jan-18

Roy Morgan Indonesian Consumer Confidence rose 0.5pts to 154.3 in November 2017, to its highest since November 2014 (161.4). Consumer Confidence is now 5.4pts higher than in November 2016 (148.9) and 19.9pts above the long-run average (2005-2017) of 134.4. Now 69% (up 1ppt) of Indonesians expect their family to be "better off" financially this time next year, and just 4% (down 1ppt) expect to be "worse off" financially. In regard to the Indonesian economy, now 87% (unchanged) of Indonesians expect Indonesia will have "good times" financially during the next 12 months (the equal highest for this indicator since February 2015), and just 13% (down 1ppt) say Indonesia will have "bad times" financially (the lowest for this indicator since February 2015).

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ROY MORGAN LIMITED

Indonesians are far more confident than their Australian neighbours

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Original article by Roy Morgan
Market Research Update – Page: Online : 8-Dec-17

Consumer Confidence in Australia and its largest neighbour Indonesia has diverged massively since the height of the Australian mining boom in 2010-11. Indonesian Consumer Confidence soared following the Global Financial Crisis in 2008-09, and while the ANZ-Roy Morgan Australian Consumer Confidence Rating improved significantly it has never reached the heights of its northern neighbour. In October 2017 Roy Morgan Indonesian Consumer Confidence was at 153.8, more than 40pts above the figure for ANZ-Roy Morgan Australian Consumer Confidence for the same month of 113.3, although Australian Consumer Confidence has improved slightly over the past few weeks and is now at 115.8. However, in the years 2007-2010 Consumer Confidence in Australia and Indonesia was relatively similar and Australian Consumer Confidence was in fact higher throughout 2007, only dipping below Indonesian Consumer Confidence in mid-2008 as it reached a quarterly low of 94.4 in the December 2008 quarter.

CORPORATES
ROY MORGAN LIMITED, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ