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West Sumatra Consumer Tendency Index Quarter III 2019

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Release Date	:	November 5, 2019
File Size	:	0.26 MB

Abstract

• In general, the Consumer Tendency Index (ITK) in West Sumatra in the third quarter of 2019 there was a decline in comparison quarter II-2019. ITK in the third quarter of 2019 was 102.25 while in the second quarter of 2019 it was 129.17.

• The decrease in the ITK value is caused by a decrease in the variable index forming ITK, namely household income, decreased from 137.58 to 107.83 while the effect of inflation on the total household expenditure decreased from 113.83 in the quarter II 2019 to 98.7 in the third quarter of 2019 and the volume/ consumption frequency fell from 128.58 in the second quarter of 2019 to 93.47 in the third quarter of 2019.

• The value of ITK in West Sumatra in the fourth quarter - 2019 is estimated of 104.02, meaning the economy is optimistic in the fourth quarter of 2019.

• Optimistic consumer economic conditions in the fourth quarter of 2019 This is expected to occur due to the increase in income variables future household (index = 107.52). This value can be cover the decline in value on the planned purchase of durable goods long (index = 97.9).

• ITK for the third quarter - 2019 for West Sumatra Province reached 102.25 which is above the national index (ITK=101.03) and is at second out of ten provinces on the island of Sumatra.

• ITK for the fourth quarter - 2019 of West Sumatra Province is estimated increased to 104.02, above the national index estimate (ITK=103.8) and is in fourth place out of ten provinces in the region of Sumatra Island.

Related Official Statistics News

West Sumatra Consumer Tendency Index Quarter I 2019

West Sumatra Consumer Tendency Index Quarter II 2019

West Sumatra Consumer Tendency Index Quarter IV 2018

West Sumatra Economic Growth in Quarter III 2020

Development of West Sumatra Consumer Price Index/Inflation November 2019

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