Indonesia’s Consumer Confidence Index (CCI) strengthened to 124.0 in November 2025 from 121.2 in October, driven mainly by improved consumer expectations and better assessments of current economic conditions. The Current Income Index posted its largest gain, reflecting more substantial household income, while durable goods purchasing sentiment also improved. Despite this optimism, the share of spending for consumption edged down slightly to 74.6%, as more households, particularly middle-income groups, increased their savings allocation. Rising confidence coincided with expectations of firmer retail sales growth, projected to accelerate to 5.9% YoY in November, supported by stronger demand across household, recreational, and essential goods ahead of year end holidays.