Bank Indonesia’s retail sales index also dropped sharply in June, but the central bank sees improvements next month.
Visitors look at shoes for sale on Aug. 11 at a retail outlet in Tangerang City, Banten. (Antara/Putra M. Akbar)
Consumer sentiment has fallen for a third straight month as respondents to a central bank survey were less optimistic in July about economic conditions and their own financial situation, while retail sales remain subdued.According to the monthly data released by Bank Indonesia (BI) on Monday, the consumer confidence index (CCI) fell from 117.8 points in June to 116.8 in July, its lowest level since September 2025.
The latest reading extended a downward trend seen since the CCI peaked at 127 points in January, interrupted only by a 0.1-point uptick in April following a boost from the Idul Fitri holiday spending.
The index remains well above the 100-point threshold and thereby signifies generally optimistic sentiment, while values below 100 points reflect public pessimism.
