{
    "success": true,
    "data": {
        "id": 5699,
        "msgid": "consumers-upbeat-about-economy-survey-1166472735",
        "date": "2006-12-19 03:12:15",
        "title": "Consumers Upbeat About Economy - Survey",
        "author": "",
        "source": "GOI",
        "tags": "business",
        "topic": null,
        "summary": "Consumers were optimistic about the economy in November for the first time after more than a year of continued pessimism about the economy, a central bank survey showed on Monday (11\/12\/06). The consumer confidence index rose 3.5 points to 101.6 in November from 98.1 in October. A reading above 100 means consumers are optimistic about the future. The last time it was positive was when it read 101.7 in June last year.",
        "content": "<p>Consumers were optimistic about the economy in November for the first time after more than a year of continued pessimism about the economy, a central bank survey showed on Monday (11\/12\/06).<br>\nThe consumer confidence index rose 3.5 points to 101.6 in November from 98.1 in October.  A reading above 100 means consumers are optimistic about the future.  The last time it was positive was when it read 101.7 in June last year.<br>\nThe improving confidence comes after  annual inflation plunged in the fourth quarter of this year as the impact of a big fuel price rise in October last year faded, allowing the central bank to sharply cut borrowing costs.<br>\n&quot;I think consumer confidence will continue to rise.  There should be no reason for it to fall, especially if economic conditions remain stable,&quot; economist, Helmi Arman of Bahana Securities, said, according to Reuters.<br>\nConsumer spending, a key driver of the economy, is already up.  Sales by the country&apos;s top three motorcycle makers jumped more than 50% last month, hitting a record monthly volume and providing more evidence of a rebound in the sector.<br>\nThe country&apos;s $6 billion motorcycle market is seen as a barometer of consumer spending, which sagged in the wake of the oil price rise last year and the accompanying surge in inflation.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/consumers-upbeat-about-economy-survey-1166472735",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}