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consumer-confidence

Economy 2 years ago

PREMIUM
Retail sales slip for third straight month as consumer confidence dips

The central bank's preliminary data show that retail sales contracted for three straight months while consumer confidence slipped two consecutive months in July, generally due to the end of the Ramadhan-Idul Fitri holiday season.

Economy 2 years ago

PREMIUM
Consumer confidence hits one-year high

Consumer confidence has reached its highest level in a year, and the upbeat mood is buoying retail sales, according to two new data reports from Bank Indonesia.

Economy 2 years ago

PREMIUM
Indonesian retailers to maintain sales momentum post-Ramadan

Indonesian retailers are projected to maintain their sales momentum even after the fasting month and the Idul Fitri holidays, which normally lift consumer spending, came to an end, Bank Indonesia (BI) data show.

Economy 2 years ago

PREMIUM
Retail sales rise 7% in March thanks to seasonal jump

Bank Indonesia’s monthly real sales index jumped 7 percent in March as consumers spent more before and during Ramadan, while consumer confidence continued to rise.

Economy 3 years ago

PREMIUM
Retail sales drop in February amid lower consumer confidence

Bank Indonesia’s latest data point to higher retail sales in February when compared to last year, but the month-to-month numbers reveal a consecutive decline, which experts attribute to seasonal factors.

Economy 3 years ago

PREMIUM
Retail sales to rebound, as consumer confidence rises: BI surveys

The retail sales index rebounded in January after months of sluggish growth, while consumer confidence continued to increase in January.

Economy 3 years ago

PREMIUM
Retail sales stall in December despite strong consumer confidence

Well-controlled inflation has helped consumers to stay optimistic throughout last year, but growth on retail sales stalled with the public choosing to prioritize spending on basic needs amid uncertainty.

Economy 3 years ago

PREMIUM
Consumer confidence drops, retail sales sluggish ahead of spending season

Consumer confidence has re-entered a downward trend after a brief rebound, while minuscule annual growth in retail sales does not bode well for household spending just weeks head of the year-end festive season.