JAKARTA: Consumer optimism weakened in line with expectations of inflation pressures in the future. Consumers consider there will be price increases for goods and services in next 3-6 months.Bank Indonesia released the statement based on survey of consumer Bank Indonesia in May 2011. Consumer confidence in May 2011 remained at the level of optimism, but fell by 1.6 points to 105.3 points."The decline in consumer confidence occurred due to weaker consumer optimism on the economic condition in the next 6 months as well as pessimism toward the current economic conditions," the survey said as quoted by Bisnis, today.Based on the survey, consumers considered that price increase pressure for goods and services in the next 3-6 months will be stronger.Price increase pressure will be on its highest peak in August 2011, particularly clothes, transportation, education, recreation and sport group. It will increase again in October and November 2011.Weakening consumer confidence occurred in the group of respondents with ages above 60 years old, contrary to the respondents with ages below 60 years old.Decline in consumer confidence occurred in 9 cities from 18 cities surveyed with the highest decrease in Pangkal Pinang (15.1 points) followed by Semarang (13.7 points) and Samarinda (11.3 points).

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