This Release / Communication, except for the historical information, may contain statements, including the words or phrases such as 'expects, anticipates, intends, will, would, undertakes, aims, estimates, contemplates, seeks to, objective, goal, projects, should' and similar expressions or variations of these expressions or negatives of these terms indicating future performance or results, financial or otherwise, which are forward looking statements. These forward looking statements are based on certain expectations, assumptions, anticipated developments and other factors which are not limited to, risk and uncertainties regarding fluctuations in earnings, market growth, intense competition and the pricing environment in the market, consumption level, ability to maintain and manage key customer relationship and supply chain sources and those factors which may affect our ability to implement business strategies successfully, namely changes in regulatory environments, political instability, change in international oil prices and input costs and new or changed priorities of the trade. The Company, therefore, cannot guarantee that the forward-looking statements made herein shall be realized. The Company, based on changes as stated above, may alter, amend, modify or make necessary corrective changes in any manner to any such forward looking statement contained herein or make written or oral forward-looking statements as may be required from time to time on the basis of subsequent developments and events. The Company does not undertake any obligation to update forward looking statements that may be made from time to time by or on behalf of the Company to reflect the events or circumstances after the date hereof.
Ira Noviarti
President Director
FMCG household consumption is still within the negative territory due to inflation with spend/household is driven by the price increase across consumer segments
SPEND / Household
YoY% change
4.3
4.2
3.5
2.6
0.6
Q2 22
Q3 22
Q4 22
Q1 23
L3M
Spend/Buyer
Total
4.2%
Lower LSM
3.9%
Middle LSM
3.1%
Upper LSM
4.3%
CONSUMPTION / Household
YoY% change
Q2 22
Q3 22
Q4 22
Q1 23
L3M
-2.8
-2.3
-2.6
-3.2
-3.6
Vol/Buyer
Total
-3.6%
Lower LSM
-3.6%
Middle LSM
-4.5%
Upper LSM
-3.9%
LSM: Living Standards Measure
Based on Kantar Homepanel report May'23
Downtrading continues and more obvious in the middle and lower segment of consumers
Rolling Quarter vs YA Contribution to Total Indonesia FMCG Grocery Spend Change
Spend Change - Billions Rp
40,000
30,000
20,000
10,000
0
-10,000
-20,000
11.9%
9.9%
8.3%
7.8%
5.8%
6.5%
6.5%
5.6%
5.5%
Inflation%
Jan-22
Feb-22
Mar-22
Apr-22
May-22
Jun-22
Jul-22
Aug-22
Sep-22
Oct-22
Nov-22
Dec-22
Jan-23
Feb-23
Mar-23
Apr-23
May-23
Increase Spending
Premiumize and able to cope
with price increase
Maintain Spending
Maintain brand but downsizing
Reduce Spending
Downgrading (buy cheaper
products)
Based on Kantar Homepanel report May'23
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PT Unilever Indonesia Tbk published this content on 25 July 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 July 2023 08:36:09 UTC.
PT Unilever Indonesia Tbk is an Indonesia-based fast-moving consumer goods (FMCG) company. The Company is engaged in the manufacturing, marketing and distribution of consumer goods, including soaps, detergents, dairy based foods, ice cream, cosmetic products, tea based beverages and fruit juice, and office space leasing. The Company's segments include Home and Personal Care and Foods and Refreshments. The Home and Personal Care segment includes cleaning products, which are used in the household and cosmetic products. The Foods and Refreshments segment includes food and beverage products, including ice cream. The Company operates approximately 400 brands. Some of its brands are Lifebuoys, Sunlight, Pepsodent, Bango, Rexona, Wall's, Sunsilk, Clear, Dove, Royco, Vaseline, SariWangi, Rinso, Glow & Lovely, and Buavita.
PT UNILEVER INDONESIA TBK 
