double-skinned crabsVietnamese crab exportergood crabexellent crab

Indonesia Consumer Confidence Slips to 117.8 in June

Arnoldus Kristianus
July 8, 2026 | 1:02 pm
SHARE
People stroll outside Beringharjo Market in Yogyakarta on a busy Sunday evening, Jul. 5, 2026. (JG Photo/Ria Fortuna)
People stroll outside Beringharjo Market in Yogyakarta on a busy Sunday evening, Jul. 5, 2026. (JG Photo/Ria Fortuna)

Jakarta. The Consumer Confidence Index (CCI) fell to 117.8 in June from 120.9 in May, although it remained firmly in optimistic territory, according to a survey by Bank Indonesia.

"The June 2026 Consumer Survey indicates that consumer confidence in economic conditions remains resilient. This is reflected in the Consumer Confidence Index, which stood at an optimistic level of 117.8 in June 2026," Ramdan Denny Prakoso, head of Bank Indonesia's communications department, said in a statement on Wednesday.

Consumer confidence remained above the 100-point optimism threshold across all income groups. Respondents earning more than Rp 5 million ($278) per month recorded the highest confidence level at 121.4.

By age, optimism also persisted across all groups, with consumers aged 20-30 posting the highest reading at 124.3. Regionally, the sharpest declines in confidence were recorded in Makassar, Banten, and Medan, while several other cities posted gains.

ADVERTISEMENT

Current economic perceptions also softened in June. The Current Economic Conditions Index fell to 109.2 from 112.2 a month earlier.

The decline was driven by weaker readings in the Current Income Index, which dropped to 119.8 from 123.2, the Job Availability Index, which eased to 101.8 from 105.0, and the Durable Goods Purchase Index, which slipped to 105.9 from 108.3.

"Regionally, most cities recorded a decline in the Current Economic Conditions Index, particularly Makassar, Banten, and Medan. Meanwhile, improvements were seen in several cities, including Mataram, Padang, and Palembang," Ramdan said.

Despite the decline, the Durable Goods Purchase Index remained in optimistic territory across most spending groups, with the highest reading of 108.8 recorded among households spending more than Rp 5 million per month. By age, consumers aged 20-30 posted the strongest reading at 114.0, followed by those aged 31-40 at 110.5.

Meanwhile, consumers remained upbeat about the outlook over the next six months. The Consumer Expectations Index stood at 126.4 in June, easing from 129.7 in May but remaining at a strong level.

The reading was supported by optimism over future income, employment opportunities, and business activity, with the respective indices at 133.6, 124.4, and 121.2.

"Most cities recorded a decline in the Consumer Expectations Index, with the sharpest decreases seen in Padang, Bandar Lampung, and Medan. However, several other cities posted improvements," Ramdan said.

The survey also showed consumers allocated a larger share of their income to spending in June. The average propensity to consume rose to 73.0% from 72.3% in May, while the debt installment-to-income ratio remained broadly stable at 10.0%, compared with 10.2% previously.

Meanwhile, the share of income set aside for savings fell to 17.0% from 17.5%.

Consumption as a share of income increased among households with monthly expenditures of Rp 2.1 million-Rp 3 million, Rp 4.1 million-Rp 5 million, and above Rp 5 million. Savings rates, meanwhile, declined among consumers spending Rp 2.1 million-Rp 3 million and Rp 4.1 million-Rp 5 million.

Tags: Keywords:
Google Add Investor.id as a preferred source on Google +
SHARE

Related Articles


Business Oct 16, 2026 | 10:49 am

Bank Indonesia Defends Rupiah as MSCI Review Fuels Selling Pressure

Bank Indonesia pledges continued market intervention as the rupiah breaches Rp 18,000 per dollar amid MSCI-related selling pressure.
Business Oct 16, 2026 | 7:56 am

Two Years Into Prabowo Presidency, Infrastructure Takes Back Seat

Prabowo’s social spending push raises concerns over infrastructure delays and uneven growth beyond Java.
Business Oct 9, 2026 | 4:24 pm

Indonesian Stocks Gain 1% Despite Global Market Jitters

stocks rose 1.04% as resilient consumer confidence and retail activity offset global concerns over AI valuations, Iran and trade tensions.
Business Oct 9, 2026 | 9:25 am

Jakarta Stocks Slip Below 6,000 as Consumer Confidence Weakens

Indonesian stocks fell below 6,000 after reversing early gains as consumer confidence weakened to a three-month low in September.
Business Oct 8, 2026 | 10:31 am

Indonesia Can Hit 8% Growth With Housing, AI, Green Energy: Hashim

Hashim Djojohadikusumo says housing, AI, digital infrastructure and green energy could help Indonesia achieve 8% economic growth.
Business Oct 8, 2026 | 10:06 am

Indonesia’s FX Reserves Dip $200 M to $146.3 B in September

Indonesia’s FX reserves fell $200 million to $146.3 billion in September as rupiah stabilization and debt payments weighed.
Business Oct 8, 2026 | 9:50 am

Jakarta Stocks Struggle to Hold Gains as Forex Reserves Slip to $146.3B

Jakarta stocks struggle to hold gains as forex reserves slip to $146.3B, while global market pressure weighs on investor sentiment.
Business Oct 7, 2026 | 9:51 am

Jakarta Stocks Extend Gains as Investors Await Forex Reserves Data

Indonesian stocks rose for a third day as investors awaited September forex reserves data and assessed economic growth prospects.
Business Oct 7, 2026 | 7:06 am

Airlangga Urges Indonesia to Catch Up With Vietnam in Digital, AI Industries

Indonesia needs to accelerate digital, semiconductor and AI industries to catch up with Vietnam and achieve its 8% growth target.
Business Oct 5, 2026 | 9:02 am

Jakarta Stocks Open Higher on US Jobs Data, BI Policy Support

Jakarta stocks opened higher as weak US jobs data boosted hopes for a Fed rate pause, while BI continued supporting the rupiah.

The Latest


Special Updates 3 hours ago

Chandra Asri Group Receives Trade Finance Excellence Award, Reinforcing Its Role in Indonesia’s Industrial Development

Chandra Asri Group receives the Trade Finance Excellence Award at CIMB Niaga Business Summit 2026.
Special Updates 3 hours ago

AEON MALL Deltamas Brings 11 Sports and Creative Competitions to AEONLYMPIC 2026

AEON MALL Deltamas hosts AEONLYMPIC 2026, featuring 11 sports and creative competitions, with more than 3,100 participants.
Business 4 hours ago

Indonesian Stocks Extend Losses for Third Day, Fall 3.64% to 4,996

Indonesian stocks fell 3.64% on Monday, extending losses for a third straight session amid MSCI concerns and tighter trading limits.
News 5 hours ago

Prabowo Calls Meeting on Forest Fires as Haze Reaches Jakarta, Singapore

Prabowo summons senior officials to discuss forest fires as smoke reaches Jakarta and Malaysia pushes for regional action.
Lifestyle 7 hours ago

Jakarta Outranks Amsterdam in Global Public Transport Survey

Jakarta climbs two places to 15th in Time Out's 2026 public transport survey, with its governor citing better network integration.
COPYRIGHT © 2026 JAKARTA GLOBE. ALL RIGHTS RESERVED