Business Tendency Index And Consumer Tendency Index in Fourth Quarter 2014

Release Date	:	February 5, 2015
File Size	:	0.29 MB

Abstract

Reviews Business Tendency Index (ITB) in the fourth quarter of 2014 amounted to 104.07 means business conditions improved from the previous quarter. The level of business optimism is lower when compared to the third quarter 2014 (ITB value of 107.24).

Reviews Improved business conditions in the fourth quarter of 2014 occurred in all sectors, except for Agriculture, Livestock, Forestry and Fisheries and Mining and Quarrying sector declined. The highest improvement in business conditions in the financial sector, Real Estate and Business Services (ITB value of 107.22) and the lowest increase occurred in the Manufacturing sector (ITB value of 103.08).

Reviews of business conditions in the fourth quarter of 2014 increased due to the increase in revenues (index value of 106.78), production capacity / effort (index value of 103.85), and the average number of hours worked (index value of 101 , 91).

Reviews ITB value in the first quarter 2015 amounted to 103.42 means predictable business conditions are expected to increase compared to the previous quarter. The level of optimism of the business expected to be lower when compared to the fourth quarter of 2014 (ITB value of 104.07).

Reviews Business conditions in all sectors of the economy in the first quarter 2015 are expected to increase. Highest increase in business is expected to occur on Agriculture, Livestock, Forestry and Fisheries (ITB value of 111.97), and the lowest increase is expected to occur in the Mining and Quarrying sector (ITB value of 101.57).

Reviews Consumer Tendency Index (CTI) in the fourth quarter of 2014 amounted to 107.62 means the consumer economic conditions increased from the previous quarter. This increase is caused by the increase in all components of the index, especially the increase in the consumption of some food and non-food commodities. The level of consumer confidence is lower than the previous quarter (CTI value of 112.44).

Reviews Improved consumer economic conditions at the national level is due to the improvement of the economic conditions of consumers in all provinces (33), where the 13 provinces of them (39.39 percent) had values above the national index. Province which has the highest value of ITK is Bali (CTI value of 113.13). While Riau province has recorded the lowest CTI value, amounting to 101.96.
Reviews national ITK value in the first quarter of 2015 is estimated at 106.93 means that the economic conditions of consumers is expected to increase. The level of consumer confidence expected to be lower than the fourth quarter of 2014 (CTI value of 107.62).

Estimates Reviews improving economic conditions consumers occurred in all provinces in Indonesia (33 provinces), where the 13 provinces of them (39.39 percent) is estimated to have a value above the national index. Province which has the highest estimated value of ITK is Bali (CTI value of 111.11), and lowest in the Moluccas (CTI value of 102.94).

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