CCI decreased to 116.4 in December.

By bne IntelliNews January 10, 2013
Indonesia's consumer confidence index (CCI) decreased to 116.4 in December last year, less then the 120.1 reading posted in November. As reported by Reuters News, according to the survey conducted by the central bank, consumers were more pessimistic about income and jobs, as they expect adverse economic conditions would affect business earnings. The consumers also expect escalating inflationary pressures and complicated permitting processes in some regions would hamper business activities in the next six months. The survey is conducted on nearly 4,600 households in 18 cities across the nation, where domestic consumption accounts for about 55% of the economy.

CCI decreased to 116.4 in December.

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