Consumer Sentiment Index


The Survey of Consumer Sentiments, initiated in January 1987, is a series of surveys conducted quarterly on a sample of over 1200 households in Peninsular Malaysia to gauge consumer spending trends and sentiments. Consumer behaviour reflects income level and general economic conditions. Together with the business conditions survey, findings of this survey relating to consumer spending are incorporated into MIER's short-term economic outlook report.

Repondents are asked about perceptions on their household's current and expected financial positions and their employment outlook. The survey also seeks to uncover general economic conditions such as inflation as seen from the consumers' perspective. Questions relating to their plans to buy houses, new or used cars and other major consumer durable are also asked. A quarterly Index of Consumer Sentiments is generated from the survey.


CSI 1th Quarter 2021

Settling Down

  • CSI rises to 10-quarter high but remains below optimism threshold
  • Finances in 1Q21 improve
  • Better income and job prospects expected
  • Growing jitters over rising prices
  • Consumer to go shopping soon

CSI 4th Quarter 2020

Growing Worries

  • CSI falls to 85.2, lowest in three quarters
  • Incomes in 4Q20 weak: a three-quarter of 42 per cent reported income deterioration
  • Financial and job confidence sags
  • Worries over rising prices grow
  • Shopping plans take a breath

CSI 3rd Quarter 2020

Consumer Sentiments Remain Cautious

  • CSI remains below optimism threshold
  • Current incomes improve
  • Financial and job outlook remain steady
  • Jitters over higher prices ease
  • Consumers to shop prudently

CSI 2nd Quarter 2020

Cautiously Calming Down

  • CSI up q-o-q but remains below optimism threshold
  • Household income stable for now
  • Financial and employment outlook looking up
  • Growing concerns over rising prices
  • Shopping plans are on …. Cautiously

CSI 1st Quarter 2020

Nothing But Trepidation All Round

  • CSI plunges 31.2 points to 51.1 its lowest since 1988
  • Household finances the weakest since 1988
  • Incomes expected to worsen further as jobs become less available
  • Worries over rising prices easing
  • Muted shopping plans for major consumer durables in t...

CSI 4th Quarter 2019

Consumer Confidence Wavers Further

  • CSI falls for third consecutive quarter to its lowest since 2Q17
  • Incomes in 4Q19 deteriorate ….. expected to improve in 1Q20
  • Employment prospects yawn
  • Apprehension over rising prices grows
  • Consumers to cut back or postpone plans to shop

CSI 3rd Quarter 2019

Bracing for Belt Tightening

  • CSI falls to 84, lowest reading since 4Q17
  • Current finances less favourable
  • Weak job outlook weighs on income expectations
  • Consumers from low-income group, rural areas and eastern region most anxious about rising prices
  • Shopping plans limited by flaggin...

csi 2nd Quarter 2019

Sentiments Improve Cautiously

  • CSI up 7.4 points q-o-q but remains below optimism threshold
  • Current finances improve
  • Employment outlook lifts income expectations
  • Apprehension over rising prices grows
  • Shopping plans to proceed cautiously

csi 1st Quarter 2019

Confidence Tapers Off

  • CSI slides further below confidence threshold
  • Current and expected finances lacklustre
  • Job outlook yawns
  • Anxiety over rising prices continues
  • Spending plans take a backseat

csi4 4th Quarter 2018

Confidence Tapers Off

  • CSI falls below 100-pint confidence threshold
  • Current Income deteriorates
  • Financial and job expectations lull
  • Growing jitters over rising prices
  • Shopping plans selective and prudent