Posts Tagged ‘December’
Declining Consumer Confidence and Business People
Consumer confidence index in January 2011 weakened to as low as the lowest in five months following the growing worries over economic conditions. While the index of perception of the business that reflect the perception of entrepreneurs in the I quarter of 2011 are also lower than the FOURTH quarter of 2010.
According to the survey results conducted IKK emotional discharge Research Institute (DRI) Investor receives Daily, Tuesday (7/2). Whereas ITB is the result of a survey conducted the Central Board of Statistics (BPS).
Chief Economist with speak, consumers feel worried over rising food prices. It concerns articulated by 74,9% of consumers surveyed, up compared to December 2010 as much as 67,2%. “As a result, consumer confidence index down by 2.3% to 82,3 after down 1.9% in December,” explained Purbaya.
IKK, i.e. components that formed the present situation index (ISS) that shows the current state down by 6.8% to 62.5 because consumers pass judgement is worse for the State of the economy and employment at this time. As for other components, which shows the IKK State future the expectations index (IE), relatively unchanged at 97.1.
Purbaya exposes, the decline in optimism against the prospect of economic society in the next six months making plans consumers to buy durable goods declined. It looks from a decrease in the percentage of 27.4% in December to 25.1%.
“It seems the more cautious consumers and more careful consideration in buying goods in order to set aside money to prepare for the opportunities the worsening economic conditions in the future,” he take apart.
On the other hand, the head of BPS Rusman Heriawan said the perception that business on the I quarter of 2011, slightly down compared 106,56 position quarter IV 2010 amounted to 106,63. “All sectors of the economy in the first quarter is expected to increase its business condition I with the sectors of electricity, gas, and clean water are increasing most high,” he’s obviously.
The value of the third sector’s reach the index 107,81. While business conditions in the financial sector, real estate, and services companies are relatively stagnant with the value of the index 100,44.
Inflationary Pressures Are Reduced
Despite an increase in food prices, overall consumer inflation pressure is reduced am sure in the next six months. Consumers who feel confident prices would go up in the next six months fell from 93,3% to 89.8%.
This makes the index measuring consumer sentiment against inflation down 2.5% from 192,3 be 187,5. However, the index was still well above the value of 100. “This shows that most people still feel worried over rising prices,” said Purbaya.
In the meantime, consumer confidence index (IKKP) against the Government which showed consumer confidence on the ability of the Government of carrying out his duties, weakening 1.4% to gold 90.5 in January from 91,8 on last December.
According to Purbaya, three of the five components that make up the IKKP decreased. The largest reduction occurred in a component that shows the ability of the Government in maintaining price stability (associated index down by 8.2% to 60.3).
Meanwhile, consumer perception index (ITK) in Jabodetabek does BPS found the fact that economic conditions throughout the consumer I 2011 projected quarter better than the previous quarter, i.e. from 101,09 to 106,49.
According to Rusman, repair of such consumer economic conditions due to an increase in estimated case household income. However, index plan the purchase of durable goods decreased with the value of index is predictable 84,16 due to 62,97% of respondents did not plan to buy durable goods.