Indonesia’s Consumer Confidence Rises in April 2026, Signaling Economic Optimism

 

JAKARTA — Consumer confidence in Indonesia remains resilient. The latest Consumer Confidence Index (CCI) saw a modest increase of 0.1 points, rising from 122.9 in March 2026 to 123.0 in April 2026.

The survey, conducted by Bank Indonesia (BI), serves as a vital barometer for gauging consumer sentiment regarding current economic conditions and future expectations. Since the index uses a baseline of 100, a score of 123.0 firmly places consumer confidence in the optimistic zone, signaling stability in household consumption and savings behavior.

“The Bank Indonesia Consumer Survey for April 2026 indicates that consumer confidence in the national economy remains well-maintained,” stated Ramdan Denny Prakoso, Executive Director of the Communication Department at Bank Indonesia, on Monday (May 11, 2026).

A closer look at the data reveals diverging trends based on expenditure levels. While confidence dipped slightly among households with monthly expenditures ranging from Rp1 million to Rp4 million, optimism surged among higher-income groups. Consumers spending between Rp4.1 million and Rp5 million saw their index rise from 125.7 to 127.6, while those spending over Rp5 million experienced an increase from 124.4 to 128.2.

Demographically, the index showed varied results across age groups. Optimism climbed for those aged 20–30, 41–50, and 51–60, while those in the 31–40 and over-60 age brackets reported a slight decline in sentiment. Regionally, the largest gains in confidence were recorded in Pontianak, Bandar Lampung, and Surabaya, whereas cities such as Medan, Mataram, and Banjarmasin faced a cooling in sentiment.

Denny further clarified that the overall CCI performance is driven by two main components: the Consumer Expectation Index (CEI) and the Current Economic Conditions Index (IKE). In April, the CEI slipped from 130.4 to 129.6, while the IKE showed positive momentum, climbing to 116.5 from 115.4 the previous month.

Regarding household financial management, the survey highlighted subtle shifts in how consumers allocate their income. The average proportion of income directed toward consumption rose slightly from 71.1% to 71.2%, and debt repayment increased from 9.7% to 10.2%. Conversely, the proportion of income allocated to savings decreased from 18.2% to 17.6%.

Summary

Indonesia’s Consumer Confidence Index (CCI) reached 123.0 in April 2026, marking a slight increase from 122.9 in the previous month. This score remains well above the 100-point threshold, indicating sustained economic optimism and stable consumption patterns across the country. The growth was primarily driven by positive momentum in the Current Economic Conditions Index, which offset a minor decline in consumer expectations.

The survey data shows varying trends in sentiment based on expenditure levels, age demographics, and geographic regions, with higher-income groups showing the strongest increases in confidence. Household financial behavior shifted slightly as well, with consumers directing a higher percentage of their income toward consumption and debt repayment while reducing their overall savings rate. These findings reflect a resilient national economy supported by diverse financial habits among Indonesian households.

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