Release Date | : | September 3, 2018 |
File Size | : | 1.04 MB |
Abstract
Quarter II-2018 ITK is worth 121.10 giving an illustration that households in NTB feel that their economy is far better than the conditions in the first quarter of 2018.
Increased household income in the second quarter as reflected in the Current Quarter II-2018 Income Index of 121.84 is one of the things that underlie consumer optimism. The index of the effect of inflation on consumption increased to 119.50 and an increase in consumption volume with an index of 122.26 in the second quarter also pushed the high ITK now in the second quarter of 2018.
Consumers estimate that the economy in the third quarter of 2018 will be more sluggish than the conditions in the second quarter of 2018 with estimates of the third quarter ITK only reaching 98.63.
Predictions of sluggish third quarter compared to the second quarter are based on the perception that the third quarter is not appropriate to buy durable goods with an index that only reached 91.85.
Consumer income in the third quarter of 2018 is predicted not to be much different from quarter II-2018 with an index of 102.50. Disbursement of the 13th salary and allowances for civil servants and the beginning of the school year for school children is a phenomenon that will occur in the third quarter of 2018.
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