Banten Consumer Tendency Index (ITK) in the third quarter-2015

Consumer Economic Conditions Third Quarter - 2015 

Consumer Tendency Index (ITK) in Banten in the third quarter-2015 amounted to 111.21, which means that the economic conditions of consumers increased from the previous quarter. The level of confidence or optimism of consumers also increased compared to the second quarter of 2015 (ITK amounted to 108.19).

The improvement in the economic conditions of consumers driven by increasing household incomes, low inflation effect on the level of consumption and the increased consumption of food, so the food in the restaurant / diner and not the food.

Estimated Quarterly Economic Conditions Consumer IV- 2015

Consumer Tendency Index (ITK) in Banten in Quarter IV-2015 amounted to 103.96, which means that the economic condition of consumers in the coming quarter is expected to improve. However, the level of consumer confidence is expected to decline compared to the third quarter-2015 (ITK amounted to 111.21).

Improvement of the economic condition of consumers in Quarter IV-2015 is thought to occur because of the increase in household income and strengthened by increased estimates of the planned purchase of durable goods, recreational and party/celebration by consumers.