{
    "success": true,
    "data": {
        "id": 1795057,
        "msgid": "bi-says-consumer-confidence-indicated-to-remain-strong-in-may-2026-1781074764",
        "date": "2026-06-10 12:40:08",
        "title": "BI says consumer confidence indicated to remain strong in May 2026",
        "author": "",
        "source": "ANTARA_ID",
        "tags": "",
        "topic": "Economy",
        "summary": "Bank Indonesia reports that consumer confidence remained optimistic in May 2026, with the Consumer Confidence Index at 120.9, though slightly down from the previous month. The reading was supported by a marginal increase in the Consumer Expectation Index, driven by improved optimism regarding job availability and business activity. Meanwhile, the proportion of income allocated to debt repayments rose slightly as the savings ratio declined.",
        "content": "<p>Jakarta - Bank Indonesia (BI) stated that consumer confidence in\neconomic conditions is indicated to remain strong, as reflected in the\nConsumer Survey results with the May 2026 Consumer Confidence Index\n(IKK) standing at an optimistic level (index &gt;100) of 120.9. Although\nstill strong, the IKK in May 2026 decreased from the previous month\u2019s\nfigure of 123.0.<\/p>\n<p>Executive Director of the BI Communication Department, Ramdan Denny\nPrakoso, said in a statement in Jakarta on Wednesday that the sustained\nstrength of consumer confidence in May 2026 was supported by a Consumer\nExpectation Index (IEK) that was higher than the previous month\u2019s index.\nIn detail, the IEK for May 2026 was recorded at 129.7, slightly higher\nthan the previous month\u2019s index of 129.6.<\/p>\n<p>The increase in the IEK stemmed from optimism regarding expectations\nof job availability and business activity expectations, which were\nrecorded at 128.1 and 124.5 respectively, higher than the previous\nmonth\u2019s figures of 127.7 and 124.1. Meanwhile, the Current Economic\nConditions Index (IKE) remained at an optimistic level of 112.2,\nalthough it was lower than the previous month\u2019s index of 116.5.<\/p>\n<p>The sustained strength of the IKE was underpinned by the Current\nIncome Index (IPSI), the Job Availability Index (IKLK), and the Durable\nGoods Purchase Index (IPDG), which were recorded at 123.2, 105.0, and\n108.3 respectively, despite being lower than the previous month\u2019s\nfigures of 128.1, 108.8, and 112.6.<\/p>\n<p>In the same survey, BI also noted that the average propensity to\nconsume ratio in May 2026 was recorded at 72.3 percent, relatively\nstable compared to the previous month\u2019s proportion of 72.1 percent. The\ndebt installment to income ratio stood at 10.2 percent, higher than the\nprevious month\u2019s proportion of 9.7 percent. Meanwhile, the proportion of\nconsumer income saved, or saving to income ratio, was 17.5 percent,\nlower than the previous month\u2019s proportion of 18.2 percent.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/bi-says-consumer-confidence-indicated-to-remain-strong-in-may-2026-1781074764",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}