Bali's consumer confidence index runs above the national average
Bank Indonesia's Bali office released its August consumer survey: the island's confidence index reads 123.1, against a national average of 118.5. Confidence holds up best among households spending Rp 3 million a month and more. Formal-sector workers score 128.3; informal-sector workers score 116.8. The bank ties the mood to tourism growth and steady activity in trade and services.
What it means: The local economy runs on tourism, and while it keeps growing with confidence, demand for rental housing and the services around villas stays steady too.
Source: ANTARA Bali · Is Bali property a good investment





