Indonesia\u2019s Consumer Confidence Index (IKK) weakened in March 2026,\ndespite coinciding with the momentum of Ramadan and Eid al-Fitr. This\ndecline indicates the beginning of pressure on public optimism towards\nthe economic situation.<\/p>\n
Bank Indonesia recorded the IKK for March 2026 at 122.9, down from\n125.2 in the previous month. Nevertheless, this level remains in the\noptimistic zone above 100. \u201cThe BI Consumer Survey in March 2026\nindicates that consumer confidence in the economic situation remains\nstrong. This is reflected in the IKK for March 2026, which is at an\noptimistic level (index >100) of 122.9,\u201d said the Head of BI\u2019s\nCommunication Department, Ramdan Denny Prakoso, in his statement on\nFriday (10\/4\/2026).<\/p>\n
The IKK decline occurred amid weakening perceptions of the current\neconomic situation and future expectations. The Current Economic\nCondition Index (IKE) was recorded at 115.4, down from 115.9, while the\nConsumer Expectations Index (IEK) fell to 130.4 from 134.4.<\/p>\n
The weakening of IKE was triggered by a decline in perceptions of job\navailability and durable goods purchases. The Job Availability Index\nstood at 107.8 and the Durable Goods Purchase Index at 109.2, both lower\nthan the previous month.<\/p>\n
From the expectations side, consumers remain optimistic about income,\nemployment, and business activities over the next six months, albeit\nwith a declining trend. Income expectations were recorded at 137.7, job\navailability at 128.0, and business activities at 125.5.<\/p>\n
Spatially, the IKK decline occurred in most cities, particularly\nPontianak, Surabaya, and Padang. Meanwhile, increases were recorded in\nBandung, Bandar Lampung, and Samarinda.<\/p>\n
By expenditure group, the highest optimism was in the Rp4.1\u20135 million\ngroup with an index of 125.7. By age, the 20\u201330 year group recorded the\nhighest index of 129.6, although it experienced a decline compared to\nthe previous period.<\/p>\n
On the other hand, consumption patterns show increasing pressure. The\nproportion of income for consumption rose to 72.2 per cent from 71.6 per\ncent, while the savings portion remained relatively stagnant at 17.6 per\ncent.<\/p>\n
Conversely, the debt-to-income ratio fell to 10.2 per cent from 10.6\nper cent. This data reflects that the public is beginning to allocate a\nlarger portion to consumption amid economic pressures, while room for\nsaving remains limited.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/despite-ramadan-and-eid-al-fitr-moments-consumer-confidence-index-falls-in-march-2026-1775807464", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }