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Jakarta Post

Consumers in SE Asia more confident

  • Maarten Kallenberg, Analyst

  /   Fri, August 28 2009   /  10:01 am

Consumer confidence is rising in the Southeast Asian region. The Asian Consumer Confidence Index by InsightAsia reports positive increases in consumer confidence in Indonesia, Singapore, Malaysia and Thailand. A previous article by InsightAsia, a market research agency that specializes in the Asia Pacific region, described how consumer confidence in Indonesia has developed positively from the first to the second quarters of this year. This latest report broadens the scope to include other countries which are also now enjoying similar trends.These positive indicators on consumer confidence in Indonesia are also being found in other countries surveyed. The Consumer Confidence Index of Indonesia according to InsightAsia is now showing similar results to that of Malaysia. Both countries have moved up from a somewhat negative view to just below the neutral level of 100 according to this new i...