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Danareksa Research Institute

Friday, 14 January 2011 11:07

Brisker Economic Activity

Both the Coincident Economic Index (CEI) and the Leading Economic Index (LEI) posted increases in March 2011. The CEI - which tracks the current state of the economy – rose to 115.42 from 114.55 in February (up 0.76% month-on-month) and the LEI, which moves ahead of the Coincident Index by around 6 to 12 months, rose to 123.78 from 123.04 in February (up by 0.60% m-o-m). This means that the Indonesian economy is still expanding and that its near term prospects remain bright.>> Read More >>

Strengthened Further

Consumer confidence strengthened further in May as sentiment toward economic conditions continued to improve. After the Consumer Confidence Index (CCI) increased by a healthy 5.9 percent in the previous survey, it added a further 0.7 percent to 90.6 in May. Bolstering sentiment in May were government efforts to bring foodstuff prices under control. In May, higher foodstuff prices were mentioned as a major concern by 57.3 percent of the consumers surveyed, still high but much less than the 66.8 percent figure for April.>> Read More >>