The rate of economic recovery are beginning to show greget impact on the rising consumer confidence index. Based on the results of the monthly consumer survey by Bank Indonesia (BI), the consumer confidence index rose dilevel April 2010 recorded 110.7.
BI records, consumers in Indonesia have a better perception related to expectations of economic conditions six months ahead. Factors that influence perceptions and expectations of these improvements include the thicker RI foreign exchange reserves, the exchange rates that tend to remain stable, and inflation is still moderate level.
"This support consumer confidence which in turn contributed to the increase in the tendency of household expenditure," explained the BI in the publication of the survey, as quoted in the official website of the BI, Sunday (9 / 5).
Improvement of consumer confidence index was measured in more detail the economic conditions index (IKE) and index of consumer expectations (IEK). BI records, IKE in April 2010 also rose to 99.6.
"Respondent judge, this is because the increase in household income increases and is now a good time to buy durable goods," explained the BI. As for the IEK, carrying up 3.2 points from February.
Interestingly, in line with increasingly thick expectations of economic improvement and an increase in income, the survey also showed expectations of rising prices. "The pressure on overall prices in the next three months are expected to increase," said BI.
Tarfi increase in basic electricity in July 2010 will be one contributing factor to the increase in consumer expectations of price increases.
Finally, the survey shows consumers remain expectation of the amount of savings will continue to grow even though interest rates on bank deposits is expected to continue to fall. It is the impact of the stronger optimism of respondents to the earnings improvement coming six months.
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