Saving Capacity Index Slips as Willingness to Save Improves

JAKARTA, Investortrust.id — Indonesia Deposit Insurance Corporation reported on Tuesday, Dec 23, 2025 in Jakarta that the consumer saving index edged lower in November 2025 as households faced tighter saving capacity despite stronger willingness to set aside funds, a trend that highlighted pressure on disposable income.

The Consumer Saving Index stood at 77.4 in November 2025, down 0.3 points from the previous month, in line with a 1.7 point decline in the Saving Capacity Index to 65.9.

In contrast, the Saving Willingness Index strengthened by 1.2 points to 88.9, indicating that consumers remained inclined to save even as their financial room narrowed.

LPS research group director Seto Wardono said the trend reflected rising willingness to save amid relatively stable saving capacity after education-related spending in earlier periods.

The share of respondents who reported saving regularly fell to 16.0 percent in November from 17.8 percent in October 2025, while those saving less than planned rose to 54.7 percent from 49.8 percent.

On the willingness component, the proportion of respondents who viewed the current period as the right time to save increased to 26.3 percent from 25.9 percent a month earlier.

Those who believed the next three months would be an appropriate time to save also rose sharply to 37.4 percent from 33.7 percent.

Saving trends varied across income groups, with households earning above Rp 7 million per month recording a 5.3 point rise in the index to above 100.

The steepest decline occurred among households earning up to Rp 1.5 million per month, followed by those earning between Rp 1.5 million and Rp 3 million, and households earning between Rp 3 million and Rp 7 million per month.

Separately, the LPS Consumer and Economic Survey showed improving household sentiment, with the Consumer Confidence Index rising 2.8 points month on month to 99.3 in November 2025.

Seto said the improvement was driven by better perceptions of local economic conditions and employment, alongside sustained optimism about future income and economic prospects.

Both the Current Situation Index and the Expectations Index strengthened to 74.7 and 117.8, respectively, indicating optimism about the outlook ahead.

Rising confidence was also supported by social assistance programs, job creation, infrastructure improvements, and year-end acceleration in government and private sector projects that boosted employment absorption.