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#58740 - 14 Aug 07 14:19 GOI/Consumer Confidence Moves Upward
biznews Moderator Offline
Pujangga Besar

Registered: 24 Apr 08
Posts: 7508
Loc: Jakarta
From Government of Indonesia

Consumer Confidence Moves Upward

The consumer confidence index increased slightly to 96.3 points in July from 95.8 in June, largely due to a drop in the number of respondents pessimistic about job creation prospects in the next six months, a Bank Indonesia (BI) survey showed.

An index level below 100 indicates pessimism about the economic outlook among those polled while above 100 suggests optimism. The index last exceeded 100 in November 2006.

BI said the two components of the index -- present condition and consumer expectations -- both improved in July, Thomson Financial reported.

The present condition index, which indicates the level of consumer confidence in current economic conditions, gained to 85.5 points from 84.9 in June.

Meanwhile, the consumer expectation index, that shows confidence in economic prospects for the next six months, rose to 107.2 from 106.6.
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#58743 - 14 Aug 07 14:32 Re: GOI/Consumer Confidence Moves Upward [Re: KuKuKaChu]
chewwyUK Offline

Registered: 14 Sep 06
Posts: 2392
Loc: Jakarta
I am not that confident at the moment
Edited by Piss Salon
Edit Reason: taste


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