[PRESS RELEASE] - Global Consumer Confidence Index June 2025

Indonesian Consumer Confidence Rises Amid Global Economic Volatility

Jakarta, 1 July 2025 - Amid ongoing global economic turbulence, Ipsos, one of the world’s leading market research firms, has released its latest report. The Ipsos Global Consumer Confidence Index (GCCI) for June 2025 shows that consumer confidence in Indonesia rose by +2.0 points compared to the previous month. This places Indonesia among the countries with the highest growth in optimism across the Asia-Pacific region, although the index recorded a slight year-on-year decline of -2.1 points compared to June 2024.

With a national index score of 61.1, Indonesia currently ranks first globally in consumer confidence, ahead of India (59.0), Malaysia (55.7), and Singapore (55.1). However, the year-on-year decline suggests that Indonesian consumers are becoming more cautious as the broader economic landscape has yet to fully stabilize.

“The slight increase in the Ipsos Global Consumer Confidence Index for June 2025 reflects the resilience of Indonesian consumers. However, the index has not yet returned to last year’s levels, indicating optimism tempered with caution,” said Hansal Savla, Managing Director of Ipsos Indonesia.

In Contrast with Neighboring Countries

Indonesia’s performance becomes more notable when compared to its neighboring countries:

• Thailand saw a sharp decline, with its score falling by -7.6 points year-on-year and -2.2 points in the last month.

• Malaysia showed mixed results: a +2.7 point year-on-year increase, but a significant monthly decline of -3.9 points.

• Singapore showed positive short-term momentum with a +3.1 point increase this month, though still posting a -2.9 point decline year-on-year.

• India recorded a strong monthly gain of +2.9 points but saw the steepest annual drop in the region at -6.1 points.

Global Trends Remain Unstable

Globally, the average consumer confidence index across 30 countries surveyed by Ipsos stood at 48.2. Some countries saw strong recoveries—such as Turkey (+6.3), Malaysia (+2.7), and South Korea (+2.0)—while others, particularly in Europe, continued to weaken, including France (-3.7), Germany (-2.7), and the Netherlands (-2.7).

This report underscores that while much of the world continues to experience economic uncertainty, several Asian countries, including Indonesia, remain relatively resilient. Still, the annual trend shows that consumer confidence can shift rapidly, depending on both global and domestic economic developments. This highlights the importance of remaining vigilant and adaptable in the face of potential economic slowdowns.

Methodology

The survey was conducted online via the Ipsos Global Advisor platform and IndiaBus, covering more than 21,700 adult respondents across 30 countries. In Indonesia, respondents aged 21–74 reflect the urban, digitally connected population. The index is based on consumer perceptions of current economic conditions, personal finances, future outlook, and willingness to make major purchases.