The latest Bank Indonesia Consumer Survey reveals that consumer confidence in Indonesia’s economic conditions remained strong in April 2026. The Consumer Confidence Index (CCI) saw a slight uptick, rising from 122.9 in March to 123, maintaining its position within the optimistic threshold of above 100.
Ramdan Denny Prakoso, Executive Director of Bank Indonesia’s Communication Department, affirmed that this sustained consumer optimism in April 2026 was primarily bolstered by an improvement in the Current Economic Condition Index (CECI). This index registered 116.5, an increase from 115.4 recorded in the preceding month.
The survey results further indicated that the rise in the CECI was supported by growth in both the Job Availability Index (JAI) and the Durable Goods Purchase Index (DGPI). These indices reached 108.8 and 112.6 respectively in April, both higher than their March figures of 107.8 and 109.2, signaling improved perceptions of employment opportunities and purchasing power for long-lasting goods.
Despite these positive trends, the Current Income Index (CII), while still optimistic, slightly decreased to 128.1 in April from 129.2 in March. Similarly, the Consumer Expectation Index (CEI) remained at an optimistic level of 129.6, though it too experienced a marginal dip compared to its 130.4 reading from the previous month.
Bank Indonesia’s analysis highlighted that the persistent strength in the CEI stemmed from robust optimism regarding future income expectations (136.9), job availability expectations (127.7), and business activity expectations (124.1), underscoring a generally positive outlook on the future economic landscape.
Beyond these confidence metrics, the same Bank Indonesia survey also shed light on consumer financial behavior in April 2026. The average propensity to consume ratio stood at 72.1%, remaining relatively stable compared to 72.2% in March. Notably, the debt installment to income ratio decreased to 9.7% from 10.2% in the previous month, suggesting a slight easing of debt burdens. Conversely, the saving to income ratio showed an increase, reaching 18.2% in April, up from 17.6% in March, indicating a positive trend in consumer savings.
Summary
The Bank Indonesia Consumer Survey indicates that consumer confidence in Indonesia’s economic conditions remained strong in April 2026, with the Consumer Confidence Index (CCI) slightly rising to 123 and staying above the optimistic threshold. This sustained optimism was primarily driven by an improvement in the Current Economic Condition Index (CECI), supported by growth in both the Job Availability Index and the Durable Goods Purchase Index. While the Current Income Index and Consumer Expectation Index experienced marginal dips, they remained at optimistic levels, with future expectations for income, job availability, and business activity staying robust.
Regarding consumer financial behavior, the average propensity to consume ratio remained relatively stable in April. Notably, the debt installment to income ratio decreased to 9.7%, suggesting a slight easing of debt burdens. Conversely, the saving to income ratio showed a positive trend, increasing to 18.2%, indicating improved consumer savings.
