No. 23/321/DKom
The latest Consumer Survey performed by Bank Indonesia in
November 2021 indicated stronger consumer confidence in economic conditions,
with the Consumer Confidence Index (CCI) rising to 118.5 from 113.4 in October
2021. A higher CCI was confirmed by respondents across all spending and age
brackets as well as respondents in most surveyed cities, led by Pontianak,
Palembang and Mataram.
Stronger consumer confidence in November 2021 was primarily
driven by consumer perception of current economic conditions, particularly in
terms of current job availability and income, in response to improving economic
activity and private income in line with greater mobility after the Government
relaxed restrictions. Furthermore, consumers
were more upbeat on expectations of future economic conditions compared with
conditions in the previous period, boosted by all components, especially the
Business Activity Expectation Index.
More information concerning the Consumer Survey is available
on the Bank Indonesia website.
Jakarta, 8th
December 2021
Head
of Communication Department
Erwin
Haryono
Executive Director
Information about Bank
Indonesia
Tel. 021-131, Email: bicara@bi.go.id
