Indonesian Consumer Confidence highest in Bali, Sulawesi & Maluku Islands

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).

CORPORATES
ROY MORGAN LIMITED

Indonesians are far more confident than their Australian neighbours

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