The ITK value of South Sumatra Province in the third quarter of 2016 was 110.85

The ITK value of South Sumatra Province in the third quarter of 2016 was 110.85, meaning that the economic conditions of consumers increased from the previous quarter. Consumer optimism in the third quarter of 2016 was higher than in quarter II-2016, which only reached 108.05.

    The improvement in consumer economic conditions in the third quarter of 2016 was mainly driven by rising consumption levels (index value of 115.35), followed by rising purchasing power seen from the index of the effect of inflation on consumption levels (index value of 114.92). While the increase in household income is not as high as other components (index value of 106.80).