Arnoldus Kristianus, Jakarta – Consumer confidence in Indonesia eased in May, although households remained broadly optimistic about the economy, according to the latest survey released by Bank Indonesia.

The Consumer Confidence Index fell to 120.9 in May from 123.0 in April. Despite the decline, the index remained well above the 100-point threshold that separates optimism from pessimism.

"Bank Indonesia's Consumer Survey for May 2026 indicates that consumer confidence in economic conditions remains strong. This is reflected in the Consumer Confidence Index, which remained in optimistic territory at 120.9," Bank Indonesia Communications Department Head Ramdan Denny Prakoso said in a statement on Wednesday.

Across income groups, consumer sentiment remained positive, with the highest reading recorded among respondents earning more than Rp 5 million ($275) per month, whose index stood at 124.6.

By age group, confidence also remained firmly optimistic, led by respondents aged 20 to 30, whose index reached 129.1.

Regionally, the largest improvements in consumer confidence were recorded in Medan, Bandar Lampung, and Palembang, while declines were reported in Pontianak, Mataram, and Banjarmasin.

According to Ramdan, consumer optimism continued to be supported by favorable perceptions of current economic conditions as well as expectations for the future.

The Current Economic Conditions Index stood at 112.2, while the Consumer Expectations Index reached 129.7.

Several key components of the survey remained in positive territory despite moderating from the previous month. The Current Income Index stood at 123.2, the Job Availability Index at 105.0, and the Durable Goods Purchase Index at 108.3, compared with 128.1, 108.8, and 112.6, respectively, in April.

Meanwhile, consumers' outlook for the economy improved marginally. The Consumer Expectations Index rose to 129.7 in May from 129.6 a month earlier, indicating sustained confidence in future economic prospects.

The survey also showed household spending patterns remained relatively stable. The average propensity-to-consume ratio, which measures the share of income spent on consumption, stood at 72.3%, little changed from 72.1% in April.

However, the debt-installment-to-income ratio increased to 10.2% from 9.7%, suggesting households devoted a slightly larger portion of their income to debt repayments during the month.

Source: https://jakartaglobe.id/business/consumer-confidence-slips-to-1209-in-may-central-bank-survey-show