Economic conditions According to Consumer Perceptions Rise, Consumer Tendency Index Amounting to 105.15

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Release Date	:	February 5, 2015
File Size	:	0.38 MB

Abstract

General Explanation

Consumer Tendency Index (CTI) is an indicator of current economic development generated by the Central Bureau of Statistics Consumer Tendency Survey (STK). ITK is an index that describes the consumer perception of economic conditions in the quarter and a forecast for the coming quarter.

Since the first quarter of 2012 the implementation of STK expanded its scope by adding Belitung as STK sample area, in addition to Pangkalpinang and East Belitung province. In the implementation of the STK-2014 Fourth Quarter enumerated the number of samples as many as 136 households.

Economic Conditions Consumer-2014 Fourth Quarter

Consumer Tendency Index (ITK) Bangka-Belitung in the fourth quarter 2014 amounted to 105.15, which means that in Quarter IV-2014 according to consumer perceptions of economic conditions increased compared to the third quarter-2014. The improvement in the economic conditions of consumers mainly driven by increases in some commodities (108.64) and current income (index value of 102.13) and less influential association of inflation on household consumption (index value of 108.09).

Consumer Economics forecasts Quarter IV-2014

ITK value Bangka Belitung in Quarter I-2015 is estimated at 104.98, meaning that according to consumer perceptions of economic conditions expected to continue to improve. The economic condition of consumers in the coming quarter is expected to increase compared to the fourth quarter-2014, although the level of optimism is smaller than the previous quarter.

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