Indonesia's Consumer Confidence Improves in November

MT Newswires Live12-09

Indonesia's Consumer Confidence Index rose to 124.0 in November from 121.2 in the preceding month, remaining in optimistic territory, according to a release from Bank Indonesia on Tuesday, citing its latest Consumer Survey.

Bank Indonesia said the stronger sentiment was supported by improvements in both the Current Economic Conditions Index (CECI) and the Consumer Expectations Index (CEI), which increased to 111.5 and 136.6, from 109.1 and 133.4, respectively.

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