{
    "success": true,
    "data": {
        "id": 1731588,
        "msgid": "savings-increase-indonesian-citizens-confident-economy-is-improving-1778496834",
        "date": "2026-05-11 16:45:27",
        "title": "Savings Increase, Indonesian Citizens Confident Economy is Improving",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Economy",
        "summary": "Indonesia's Consumer Confidence Index (CCI) rose slightly to 123 in April 2026 from 122.9 in March, driven by improved perceptions of the current economic conditions, including better job availability and durable goods purchases, despite a dip in future expectations. The survey also revealed a higher savings-to-income ratio of 18.2%, up from 17.6%, indicating growing financial optimism among consumers, particularly in middle and higher income brackets. This trend suggests strengthening household resilience and potential boosts to economic stability amid ongoing recovery efforts.",
        "content": "<p>Indonesia\u2019s Consumer Confidence Index (CCI) increased in April 2026\nto 123, up from 122.9 in March 2026. According to Bank Indonesia\u2019s\nConsumer Survey for April 2026, this rise in the CCI was supported by an\nincrease in the Current Economic Conditions Index (CECI) to 116.5 from\n115.4 the previous month. Meanwhile, the other component of the CCI, the\nConsumer Expectations Index (CEI), fell to 129.6, lower than the\nprevious month\u2019s figure of 130.4. \u201cConsumer optimism is supported by\npersistently strong perceptions of the current economic conditions,\u201d as\nquoted from the Bank Indonesia Consumer Survey on Monday (11\/5\/2026).\nThe increase in the CECI was driven by rises in the Job Opportunities\nAvailability Index (JOAI) and the Durable Goods Purchase Index (DGPI),\nrecorded at 108.8 and 112.6 respectively, higher than the previous\nmonth\u2019s 107.8 and 109.2. Meanwhile, the Current Income Index (CII) was\nrecorded at an optimistic level above 100, at 128.1, although lower than\nthe previous month\u2019s 129.2. The decline in the CEI was due to decreases\nin all its forming components, namely the income expectations index at\n136.9 from 137.7 previously, job opportunities expectations at 127.7\nfrom 128, and business activity expectations at 124.1 from 125.5. From\nthe perspective of consumer financial conditions, Bank Indonesia noted\nan increase alongside the rise in the CCI in April 2026. Among them is\nthe proportion of consumer income saved or the saving-to-income ratio at\n18.2%, higher than the previous month\u2019s proportion of 17.6%. Meanwhile,\nthe other composition, namely the average proportion of consumer income\nfor consumption (average propensity to consume ratio), was recorded at\n72.1%, slightly down from the previous month\u2019s 72.2%. Similarly, the\naverage proportion of debt instalments from income (debt\ninstalment-to-income ratio) fell to 9.7%, compared to the previous\nmonth\u2019s 10.2%. For information, the Bank Indonesia Consumer Survey is a\nmonthly survey conducted since October 1999. Starting from January 2007,\nthe survey has been conducted on approximately 4,600 households as\nrespondents (stratified random sampling). The survey is carried out in\n18 cities: Jakarta, Bandung, Bodebek, Semarang, Surabaya, Medan,\nMakassar, Bandar Lampung, Palembang, Banjarmasin, Padang, Pontianak,\nSamarinda, Manado, Denpasar, Mataram, Pangkal Pinang, Ambon, and Banten.\nCity-specific indices are calculated using the balance score method (net\nbalance + 100), indicating that an index above 100 means optimistic and\nbelow 100 means pessimistic. The increased saving-to-income ratio among\nothers is for incomes of Rp 3.1 million to Rp 4 million, from 17.5%\npreviously to 18.3%, and similarly for incomes of Rp 4.1 million to Rp 5\nmillion from 18% to 18.6%. For the highest income group, namely above Rp\n5 million per month, the savings ratio from income increased from 18.3%\nto 19.2%. Meanwhile, for the lowest income group, namely Rp 1 million to\nRp 2 million, it fell from 17.4% to 17.2%. The same applies to incomes\nof Rp 2.1 million to Rp 3 million, from 16.8% to 16.7%.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/savings-increase-indonesian-citizens-confident-economy-is-improving-1778496834",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}