Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
IndonesiaIndonesia Consumer Confidence fell to 118.1% in September 2026
FMPMonthlyReleased October 2026
Indonesia Consumer Confidence fell to 118.1% in September 2026, released October 2026, down 0.4% from August's 118.5% reading. The reading matched the 118.0% consensus. Over the past 3 months, Consumer Confidence averaged 117.65%, vs 120.57% in the prior 3-month window. The reading is in the 24th percentile of the trailing 24-month range.
Latest Release
118.1
Actual
118
Consensus
118.5
Previous
Median Absolute Error
±3.17 percentage points
across last 12 releases
Last Call
Oct 2026
Predicted: 118.58
Actual: 118.1
Error: +0.48
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| XAU/USD | ▲ Direct | +0.66 | COMMODITIES | Moves with | → View |
| Nikkei 225 | ▲ Direct | +0.62 | INDEX | Moves with | → View |
| USD/IDR | ▼ Inverse | −0.46 | FOREX | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Consumer Confidence (Indonesia) was reported at 118.1% in October 2026. This beat the market consensus of 118% by 0.1%. The reading fell from the previous value of 118.5%. Trailing 12-month context per ETL data through October 2026. Over the past 12 months, the indicator has averaged 121.26%, ranging from 116.8% to 127% across 9 releases.
WHY IT MATTERS
The trailing three releases averaged 117.8%, down from the prior three at 120.57%. Volatility over the past year (σ 3.47%) is comparable than the prior year (σ 3.83%).
THE MODEL'S TAKE
Historically, this indicator is positively correlated with XAU/USD (Bullish XAU). A secondary relationship exists with Nikkei 225, positively correlated (Bullish Nikkei 225). Over the last 12 releases, the Sigmacast model's median absolute error is 3.18%.
WHAT TO WATCH NEXT
The next release is scheduled for November 9, 2026. Same-country events in the next 14 days include Inflation Rate YoY (Nov 2) and Balance of Trade (Nov 2).
Auto-generated from current model state · Refreshes on each release · Last update October 2026.
SHARE
Consumer Confidence - ID
Loading chart data...
About Consumer Confidence — Indonesia
DEFINITION
Index The Consumer Confidence Index is a widely recognized financial indicator that measures the level of optimism or pessimism among consumers regarding the state of the economy. It is based on surveys and data collected from a representative sample of households, and is used by economists and investors to gauge consumer spending patterns and overall economic health. A higher index value indicates a positive outlook, while a lower value suggests a more negative sentiment. This index is a valuable tool for businesses and policymakers in making informed decisions and predicting future economic trends.
WHY THIS INDICATOR MATTERS
Sentiment surveys are forward-looking inputs that often lead hard data on output and hiring. Sharp swings can drive cross-asset repricing. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Sep 2026): actual 118.1 %, consensus 118 %. Prior reading (Aug 2026): 118.5 %. Before that (Jul 2026): 116.8 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with XAU/USD (Bullish XAU, r=0.66) — a useful reference for commodities-focused traders.
Σ
EXPECTED ZONE
SIGMANOMICS MARKET FORECAST ENGINE
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
FOREXCRYPTOSTOCKSCOMMODITIESINDICESAPI
BLSBEAFMPWORLD BANKFRED
1,456+ instruments247 indicators530+ correlationsREST + GQL API
4,151 economic indicators127 countries covered6 data sources
FREDBLSEIAECBBOJFMP
Economic Calendar - ID Events
| Monday, November 2, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 00:30 | ID | S&P Global Manufacturing PMI | 52.4 | 51.9 | 53.30 | Low | |
| 04:00 | ID | Inflation Rate MoM | 0.3 | 0.3 | 0.18 | Low | |
| 04:00 | ID | Core Inflation Rate YoY | 2.84 | 2.8 | 2.78 | Low | |
| 04:00 | ID | Inflation Rate YoY | 3.28 | 3.3 | 3.14 | Medium | |
| 04:00 | ID | Balance of Trade | 3.55 | 3.7 | 3.87 | Medium | |
| 05:00 | ID | Tourist Arrivals YoY | 6.27 | 1.42 | 1.42 | Low | |