BI: Consumer Confidence Index Dips to 122.9 in March 2026

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April 10, 2026 | 12:47 pm

Logo or illustration of Bank Indonesia. TEMPO/Imam Sukamto

TEMPO.CO, Jakarta Bank Indonesia (BI) recorded the Consumer Confidence Index (CCI) at 122.9 in March 2026, a decline from the 125.2 reported in February. This marks a continued downward trend for the index, which stood at 127 in January 2026.

However, the central bank assessed that consumer confidence in economic conditions remains robust, as it stays within the optimistic territory above the 100-point threshold.

"The continued strength of consumer confidence in March 2026 is driven by confidence in both current and future economic conditions," said Ramdan Denny Prakoso, BI Executive Director of the Communication Department, in an official statement on Friday, April 10, 2026.

The survey revealed a slight retreat in the Current Economic Conditions Index (CECI), which stood at 115.4 compared to 115.9 in the previous month. Similarly, the Consumer Expectations Index (CEI), which measures outlook for the next six months, slid to 130.4 from February's 134.4.

According to the BI survey, the CECI's performance in March was bolstered by the Current Income Index, which actually rose to 129.2 from 125. However, this gain was offset by a decline in the Job Availability Index, which fell to 107.8 from 110.7. Additionally, the Durable Goods Purchasing Index saw a decrease, moving to 109.2 from February's 112.

The report further noted that all sub-components of the CEI experienced a decline. The Income Expectations Index dropped to 137.7 from 140.7, while the Job Availability Expectations Index fell to 128.0 from 131.7. Business Activity Expectations also followed suit, decreasing to 125.5 from the 130.9 recorded in the previous month.

Read: World Bank Cuts Indonesia's 2026 Growth Forecast to 4.7%

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