Consumer Economic Condition in the first Quarter of 2018 was better than the previous quarter (ITK=109,70)

• The Consumer Tendency Index (ITK) of Banten in the Quarter
I-2018 of 109.70, meaning that consumer economic condition increased from the previous quarter. The level of confidence or optimism consumers, also increased compared to Quarter IV-2017 (ITK of 108.57).
• Improved consumer economic conditions in the Quarter
I-2018 is driven by improvements in all forming variables, namely rising household incomes, low inflationary influence on consumption levels and increased consumption of foodstuff, finished food in restaurants / restaurants and not food.
• The Consumer Tendency Index (ITK) of Banten in the Quarter
II-2018 is estimated at 118.27. Means, consumer economic conditions in the upcoming quarter is expected to increase. The level of consumer optimism is also expected to increase compared to the Quarter
I-2018 (ITK of 109.70).
• Improved consumer economic conditions in the Quarter
II-2018, is expected to occur due to an increase in household incomes, which is reinforced by the increasing purchase of durable goods, recreation and party / celebrations by consumers.