JAKARTA - The Bank Indonesia Consumer Survey in May 2025 indicated that consumer confidence in economic conditions was maintained, this was reflected in the May 2025 Consumer Confidence Index (IKK) of 117.5, although lower than the IKK in the previous month which was recorded at 121.7.
Executive Director of the Communication Department, Ramdan Denny Prakoso, conveyed that consumer optimism in May 2025 came from consumer confidence in current economic conditions and consumer confidence in future economic conditions that are maintained.
"This is reflected in the Current Economic Condition Index (IKE) and the Consumer Expectation Index (IEK), which were recorded at 106.0 and 129.0, respectively," he wrote in his statement, Thursday, June 12.
Based on the expenditure group, consumer confidence in May 2025 remained optimistic for all groups, with the highest IKK recorded in respondents spending more than IDR 5 million (120.5) followed by IDR 4.1 million to IDR 5 million (117.7).
However, the development of optimism has decreased compared to the previous month's conditions for all expenditure groups.
Based on age group, IKK also remains at an optimistic level in all age groups, with the highest IKK recorded at respondents aged 20-30 years (124.8), 31-40 years (117.7), and 41-50 years (116.7).
The age group >60 years experienced a slight increase in optimism compared to the previous period, while other age groups experienced a decline.
Spatially, an increase in IKK occurred in several cities, with the highest increase in Semarang, followed by Manado and Mataram.
Meanwhile, a number of cities experienced a decline in IKK, especially in Medan, Banten, and Surabaya.
As for May 2025, the average proportion of consumer income for consumption (average property to consumer ratio) was recorded at 74.3 percent, lower than the proportion in the previous month, which was 74.8 percent.
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Meanwhile, the proportion of installment/debt payment to income ratio increased slightly to 10.8 percent in May 2025 from 10.5 percent in April 2025, while the proportion of consumer income saved to income ratio was relatively stable at 14.9 percent.
The proportion of consumption of income is indicated to fall in all expenditure groups, except for the expenditure group of more than IDR 5 million (71.3 percent).
Meanwhile, the portion of income saved has increased for the expenditure group of IDR 1 million to IDR 2 million (14.9 percent) and IDR 4.1 million to IDR 5 million (15.3 percent), amid a decline in other spending groups.
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