Indonesia’s consumer confidence climbed to 127.7 in April 2024 from 123.8 in March. It marked the highest reading since May 2023, as all six sub-indices strengthened after the general election held earlier in the year ran smoothly, just in a single round. Income expectations for current income grew the most (up 6.1 points to 124.2), followed by job availability compared to six months ago (up 5.7 to 117.6), expectations about the country’s current economic conditions (up by 5.6 points to 119.4), economic outlook (up 2.2 to 136.0), income expectations for the next six months (up 1.2 to 140.6), and job availability (up 0.8 points to 134.8).
