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ECONOMIC CONDITIONS AND LEVEL OPTIMISM IN 2ND QUARTER OF 2017 INCREASED (ITK = 112.85)

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Release Date	:	August 7, 2017
File Size	:	0.83 MB

Abstract

The Consumer Tendency Index (ITK) in Banten in Quarter II-2017 was 112.85, meaning that the consumer's economic condition increased from the previous quarter. The level of consumer confidence or optimism also increased compared to Quarter I-2017 (ITK of 108.42).
Improved consumer economic conditions are driven by improvements in all forming variables, namely rising household incomes, low inflationary influence on consumption levels and increased consumption of food, finished food in restaurants / restaurants and non-food items.

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