Consumer Confidence Indonesia Up, Among Highest Worldwide
Indonesia improved in the consumer confidence index that is compiled and released by market research agency Nielsen. With 122 points Indonesia was the third-most confident nation in the world (after India and the Philippines) in the 3rd quarter of 2016. Compared to one year ago, Indonesia's score improved six points. Indonesia's consumer confidence has improved each quarter so far in 2016 amid accelerating economic growth, controlled inflation at around 3 percent (y/y), and a stable - or actually stronger - rupiah exchange rate.