Value of ITK of South Sumatera Province In the third Quarter of 2016 of 110.85

    The value of ITK of South Sumatera Province in quarter III-2016 was 110.85, meaning that the economic condition of consumers increased from the previous quarter. The level of consumer optimism in the third quarter of 2016 was higher than the second quarter of 2016, which only reached 108.05.

    The improvement in consumer economic condition in quarter III-2016 was mainly driven by the increase of consumption level (index value was 115.35), followed by the increase of purchasing power seen from inflation effect index to consumption level (index value 114,92). While the increase in household income is not as high as other components (index value of 106.80).