Based on the latest survey of Roy Morgan Indonesia, the local unit of global market research firm Roy Morgan Research, Indonesia's consumer confidence fell slightly in August 2017 to a reading of 151.7 points (down 0.4 points from the preceding month, which had been the highest reading in more than two years).

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According to data from ANZ-Roy Morgan, Indonesian consumer confidence increased 3.7 points to hit a record high at 161.4 points in August. Compared to the same month last year, Indonesian consumer confidence has grown by 11.9 points. Improved confidence in August is primarily due to increased confidence in personal finances and consumers’ expectation to buy household appliances. Indonesians are also more optimistic about the condition of the domestic economy in the five years ahead due to the arrival of president-elect Joko Widodo.

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