Indonesia’s Consumer Confidence Rises in July 2025, Driven by Stronger Economic Expectations

Jakarta, The Gulf Observer: A Bank Indonesia (BI) survey has revealed stronger consumer confidence in economic conditions in July 2025, with the Consumer Confidence Index (CCI) climbing to 118.1 from 117.8 in June, remaining firmly in the optimistic zone (above 100).
“The increase in consumer confidence in July 2025 was mainly driven by the rise in the Consumer Expectation Index (CEI),” said Ramdan Denny Prakoso, Executive Director of BI’s Communication Department, in a written statement on Friday.
The survey recorded the CEI at 129.6 in July, up from 128.9 in June. This improvement was supported by increases in the Income Expectation Index (IEI) and the Job Availability Expectation Index (JAEI), which reached 136.4 and 125.0, respectively, compared to 133.2 and 124.1 in the previous month.
The Business Activity Expectation Index (BAEI) also reflected optimism, standing at 127.5 in July, higher than 124.1 in June.
Meanwhile, the Economic Condition Index (ECI) for July was relatively stable at 106.6, compared to 106.7 the month before. This stability was backed by the Current Income Index (CII) at 117.8 and the Durable Goods Purchase Index (DGPI) at 106.6, both remaining in the optimistic zone.
Although the Job Availability Index (JAI) rose to 95.3, it stayed within the pessimistic range.
The survey also showed that the average propensity to consume in July stood at 75.4 percent, up from 75.1 percent in June. The saving-to-income ratio decreased to 13.7 percent from 14.1 percent, while the debt-to-income ratio remained unchanged at 10.9 percent.