Consumer Confidence Remains Optimistic in February 2026: BI

RRI.CO.ID, Jakarta - Indonesia’s consumer confidence remained in optimistic territory in February, although the index slipped slightly from the previous month, according to a survey released by Bank Indonesia (BI).

The central bank’s Consumer Survey recorded a Consumer Confidence Index (CCI) of 125.2 in February 2026, down from 127.0 in January, BI executive director for communications Ramdan Denny Prakoso said in a statement issued in Jakarta on Tuesday, March 10.

Despite the slight decline, consumer sentiment remained strong, supported by improved perceptions of current economic conditions. The Current Economic Conditions Index (CECI) rose to 115.9 in February from 115.1 in the previous month.

“This is higher than the previous month's index of 115.1,” Denny said in his statement in Jakarta on Tuesday, March 10, 2026, as quoted from BI’s official website.

The increase was driven by improvements across all components, including the Current Income Index, which rose to 125.0, the Job Availability Index at 110.7, and the Durable Goods Purchasing Index at 112.0.

Consumer confidence remained optimistic across all expenditure groups. The highest CCI was recorded among respondents with monthly spending above IDR 5 million (approx. USD 296.49), at 129.2.

By age group, respondents aged between 20 and 30 recorded the highest level of confidence, with an index of 133.7.

Meanwhile, the Consumer Expectations Index (CEI) remained at an optimistic 134.4, down from 138.8 in January. “This figure is lower than the previous month's index of 138.8,” he said.

Expectations of higher income, greater job availability, and stronger business prospects supported the positive outlook. The three components were recorded at 140.7, 131.7, and 130.9, respectively.

The survey also showed changes in household financial management. The share of income allocated to consumption fell to 71.6 percent in February from 72.3 percent in January.

In contrast, the portion of income allocated to savings increased to 17.7 percent from 16.5 percent in the previous month. The share of income used for installment payments or debt also declined to 10.6 percent from 11.2 percent.

Overall, the February survey indicated that consumer confidence in Indonesia’s economic conditions remained strong. ***