Fourth Quarter 2018, Consumen Tendency Index 104.08

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Release Date	:	February 6, 2019
File Size	:	0.32 MB

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The Consumer Tendency Index (ITK) of the Bangka Belitung Islands in Quarter IV-2018 amounted to 104.08. This means, consumers are optimistic about economic conditions in quarter IV-2018 compared to quarter III-2018.

Consumer optimism in Quarter IV-2018 was influenced by three ITK forming variables, namely the Consumption Volume Index (111.03), the Current Income Index (100.04), and the Inflation Inflation Index on the level of consumption (106,19).

The ITK value of the Bangka Belitung Islands in Quarter I-2019 is estimated at 99.17. Consumers tend to be pessimistic about the economic conditions in the coming quarter.

The Upcoming Income Index is estimated to reach 106.74. Consumers are optimistic that their income in the first quarter of 2019 will be better than in quarter IV-2018. Even so, consumers have no plans to purchase durable, recreational or party / celebration items. Long-term, recreational and party / celebration goods purchase plan value is below 100, which is 85.91.

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