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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
IndonesiaIndonesia Consumer Confidence climbed to 118.5% in August 2026
FMPMonthlyReleased September 2026
Indonesia Consumer Confidence climbed to 118.5% in August 2026, released September 2026, up 1.7% from July's 116.8% reading. The reading matched the 117.0% consensus. Over the past 3 months, Consumer Confidence averaged 117.3%, vs 122.27% in the prior 3-month window. The reading is in the 26th percentile of the trailing 24-month range.
Latest Release
118.5
Actual
117
Consensus
116.8
Previous
Median Absolute Error
±3.31 percentage points
across last 12 releases
Last Call
Sep 2026
Predicted: 115.4
Actual: 118.5
Error: -3.1
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 | +0.73 | COMMODITIES | Moves with | → View |
| Nikkei 225 | ▲ Direct | +0.64 | INDEX | Moves with | → View |
| USD/IDR | ▼ Inverse | −0.45 | 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 118.5% in September 2026. This beat the market consensus of 117% by 1.5%. The reading rose from the previous value of 116.8%. Trailing 12-month context per ETL data through September 2026. Over the past 12 months, the indicator has averaged 121.65%, ranging from 116.8% to 127% across 8 releases.
WHY IT MATTERS
The trailing three releases averaged 117.7%, down from the prior three at 123.03%. Volatility over the past year (σ 3.49%) is comparable than the prior year (σ 3.67%).
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 3.31%.
WHAT TO WATCH NEXT
The next release is scheduled for October 8, 2026. Same-country events in the next 14 days include Interest Rate Decision (Sep 23).
Auto-generated from current model state · Refreshes on each release · Last update September 2026.
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Consumer Confidence - ID
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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 (Aug 2026): actual 118.5 %, consensus 117 %. Prior reading (Jul 2026): 116.8 %. Before that (Jun 2026): 117.8 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook diverging from that direction. The 1-month and 3-month horizons disagree, suggesting a mixed signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with XAU/USD (Bullish XAU, r=0.73) — a useful reference for commodities-focused traders.
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