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Indonesia Consumer Confidence Index and Retail Sales December 2024 - Phintraco Sekuritas

Indonesia Consumer Confidence Index and Retail Sales December 2024

10 Jan 2025 Valdy

Consumer Confidence Index: 127.7
Retail Sales: 5.1% MoM*
Retail Sales: 1.0% YoY*
*preliminary

The Consumer Confidence Index (CCI) rose to 127.7 in December 2024 from 125.9 in November 2024. This increase was supported by the rise in both the Current Economic Condition Index (CECI) and the Consumer Expectation Index (CEI), reaching levels of 116.0 and 139.5, respectively, in December 2024 (Figure 1). Growing consumer confidence indicates the public is increasingly optimistic about Indonesia’s current and future economic conditions.

 

By PHINTRACO SEKURITAS | Research
– Disclaimer On –