Lampung Consumer Tendency Index Quarter IV-2011 was 107.84 - BPS-Statistics Indonesia Bandar Lampung Municipality

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Lampung Consumer Tendency Index Quarter IV-2011 was 107.84

Lampung Consumer Tendency Index Quarter IV-2011 was 107.84Download Official Statistics News
Release Date : February 6, 2012
File Size : 0.13 MB

Abstract

The Consumer Tendency Index (ITK) is an index that describes the economic conditions of consumers in the current quarter and estimates for the next quarter. ITK is produced by the Central Statistics Agency through the Consumer Tendency Survey (STK) and is carried out periodically every quarter. Through ITK, you can find out the latest economic developments on a quarterly basis. Starting in Quarter I-2011, STK implementation was expanded throughout the province with a sample size of 10,865 households. STK respondents are a sub-sample of the National Labor Force Survey (Sakernas) specifically in urban areas. Sample selection was carried out on a panel basis between quarters to obtain a more accurate picture of changes in consumer perceptions over time. By expanding the sample, ITK values can be presented at the provincial level. This effort is expected to be able to meet increasingly diverse data needs up to the regional level (spatial between provinces).

The ITK value for Lampung Province in the fourth quarter of 2011 was 107.84. This shows that the economic condition of Lampung consumers in the fourth quarter of 2011 improved compared to the previous quarter, but the level of optimism decreased.

The improvement in consumer economic conditions in the fourth quarter of 2011 was mainly driven by an increase in current household income, then the low influence of inflation on daily food consumption and increased consumption of several food and non-food commodities.

The economic condition of consumers in Lampung Province in the first quarter of 2012 is estimated to improve with an ITK value of 106.89. This means that the level of optimism among Lampung consumers is expected to be lower than in the fourth quarter of 2011 which reached 107.84.

Estimates of improving consumer economic conditions are driven by increases in household income and plans to purchase durable goods.
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