Bank Indonesia reports strong consumer confidence in economic conditions for February

Jakarta — Bank Indonesia’s Consumer Survey recorded strong consumer confidence in economic conditions during February 2026, with the Consumer Confidence Index (CCI) remaining at an optimistic level above 100.

The February 2026 CCI stood at 125.2, although this represented a slight decrease from the previous month’s reading of 127.0.

Ramdan Denny Prakoso, Executive Director of Bank Indonesia’s Communications Department, stated in Jakarta on Monday that the sustained strength in consumer confidence during February 2026 was supported by the Current Economic Conditions Index (CECI), which rose to 115.9 from 115.1 in the previous month.

Bank Indonesia’s survey recorded that the increase in CECI was driven by improvements across all component indices. The Current Income Index (CII), Employment Availability Index (EAI), and Durable Goods Purchase Index (DGPI) each recorded 125.0, 110.7, and 112.0 respectively, compared with 123.7, 109.9, and 111.8 in the previous month.

Regarding consumer expectations for economic conditions over the next six months, the Consumer Expectations Index (CEI) remained at an optimistic level of 134.4, though lower than the previous month’s 138.8.

Bank Indonesia noted that the sustained strength in the CEI was driven by optimism concerning income expectations, employment availability expectations, and business activity expectations, which recorded 140.7, 131.7, and 130.9 respectively.

With respect to consumer financial conditions, the average propensity to consume ratio averaged 71.6 per cent in February 2026, down slightly from 72.3 per cent in the previous month.

The debt installment to income ratio stood at 10.6 per cent, down from 11.2 per cent in the previous month, whilst the savings to income ratio reached 17.7 per cent, up from 16.5 per cent in the previous month.