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Lampung Province Consumer Tendency Index Quarter III 2013

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Release Date	:	November 6, 2013
File Size	:	0.28 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. 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 for the third quarter of 2013 was 110.32. This shows that the economic condition of Lampung consumers in the third quarter of 2013 improved compared to the previous quarter. The level of consumer optimism also increased compared to the previous quarter (ITK value of 106.32).

The improvement in Lampung's economic conditions is reflected in an increase in household income, the low influence of inflation on consumption levels and an increase in consumption of several food commodities, processed food and non-food.

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