Indonesia consumer confidence rises to 119.9 in October

Indonesia’s consumer confidence index reached 119.9 in October 2026, up from 118.1 in September, according to Bank Indonesia’s monthly survey. Both assessments of current economic conditions and expectations for the next six months improved.

The current economic conditions index increased to 109.1 from 107.5, while the consumer expectations index climbed to 130.7 from 128.7. Readings above 100 indicate optimism.

Among measures of current conditions, the job availability index rose to 105.5 from 101.1. The current income index edged up to 114.9 from 114.6, while the durable goods purchase index was relatively stable at 106.7.

All three expectations components strengthened. The income expectations index reached 138.6, compared with 136.9 in September. Expected job availability increased to 129.3 from 127.7, and expectations for business activity rose to 124.3 from 121.5.

Makassar, Bandung and Banten recorded the largest increases in consumer confidence. By expenditure group, respondents spending more than Rp5 million had the highest reading at 123.0. Those aged 20–30 were the most optimistic age group, with an index of 125.2.

Households also changed how they allocated their income. The average share used for consumption fell to 73.6 per cent in October from 74.9 per cent in September, while the savings share increased to 16.4 per cent from 15.4 per cent. The proportion devoted to instalments or debt repayments was relatively stable at 10.1 per cent, compared with 9.7 per cent.

Bank Indonesia conducts the survey each month among about 4,600 households across 18 Indonesian cities.