Indonesia: Consumer Confidence ticked higher in May – UOB
|Economist at UOB Group Enrico Tanuwidjaja evaluates the Consumer Confidence gauge in Indonesia.
Key Takeaways
“Indonesia’s Consumer Confidence Index rose to an all-time high of 128.9 in May, up by 15.8pts from Apr’s 113.1.”
“The Current Economic Condition Index improved to 116.4 in May from Apr’s 98.9.”
“Consumer sentiment generally remains upbeat on the economy in the next 6 months, supported by an increase in the 6-month ahead Index to 141.5 in May from 127.2 in Apr.”
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.