Business · Economy · 11 hrs ago
Indonesia Consumer Confidence Rises to 119.9 in October
Bank Indonesia said Indonesia’s consumer confidence index rose to 119.9 in October, up from 118.1 in September.
The index measures how consumers view the economy, and a reading above 100 signals optimism.
Views of both current conditions and future prospects improved, with their indexes reaching 109.1 and 130.7.
Better assessments of income and job availability helped lift views of current conditions, while expectations for income, jobs and business activity all increased.
The survey points to broader optimism about the economy, which matters because household confidence can shape spending decisions.
The average share of income consumers spent fell to 73.6 percent, while the share saved rose to 16.4 percent; the debt-payment ratio was relatively stable at 10.1 percent.
Indonesia’s consumer confidence index rose to 119.9 in October 2026, up from 118.1 in September.
Bank Indonesia said optimism was supported by improved views of current economic conditions and expectations for the future.
The current economic conditions index increased to 109.1, while the consumer expectations index rose to 130.7.
The average propensity to consume fell to 73.6 percent, while the savings-to-income ratio rose to 16.4 percent.
- Who
- Bank Indonesia reported the survey results.
- What
- Indonesia’s consumer confidence index rose to 119.9 in October.
- When
- October 2026; the results were reported on November 9, 2026.
- Where
- Indonesia.
- Why
- Bank Indonesia said improved perceptions of current economic conditions and expectations for the future supported the rise.
This story does not have two clearly opposing sides.
Indonesia’s consumer confidence index stood at 118.1.
The index rose to 119.9.
Tempo reported Bank Indonesia’s October survey results.
- Consumer confidence index
- 119.9 in October 2026
- Previous month’s index
- 118.1 in September 2026
- Current economic conditions index
- 109.1 in October 2026
- Consumer expectations index
- 130.7 in October 2026
- Average propensity to consume
- 73.6 percent in October 2026
What people are saying
this is a higher figure compared to September's 118.1.