Indonesia's July Consumer Confidence Index Stays Optimistic

Indonesia's Consumer Confidence Index (CCI) remained optimistic in July 2026, according to the Central Bank of Indonesia (BI). The BI reported that the CCI stood at 116.8, indicating a positive outlook for consumers regarding economic conditions. Ramdan Denny Prakoso, Executive Director of BI's Communication Department, stated this in an official statement on August 10, 2026.

The optimistic CCI was driven by three key indices: the Current Economic Condition Index (CECI), the Consumer Expectation Index (CEI), and several supporting indices. The CECI and CEI both remained in the optimistic range, but slightly lower than the previous month. The CECI was supported by the Current Income Index, Job Availability Index, and Durable Goods Purchase Index, all of which were below their previous month's levels but still positive.

Denny also noted that consumer expectations for the next six months remained strong, as reflected by the CEI of 125.7, despite a slight decrease from the previous month's 126.4. This strength was attributed to optimism about income expectations, job availability, and business activity. The average proportion of consumer income spent on consumption was 72.7 percent, relatively stable compared to the previous month's 73.0 percent.

Debt installment payments accounted for 10.5 percent of income, up slightly from 10.0 percent the prior month. Saving allocations remained steady at 16.8 percent.