Jakarta Economy Grows 5.59% as Inflation Holds at 2.32%
Jakarta. Jakarta recorded economic growth of 5.59% in the first quarter of 2026, broadly in line with the national rate, while inflation remained contained at 2.32%, officials said on Wednesday.
Governor Pramono Anung said the figures point to stable economic conditions in the capital, supported by solid consumption and investment.
“For Jakarta, economic growth stands at around 5.59%, which is roughly in line with the national figure. The encouraging news is that inflation remains low at 2.32%,” he said at City Hall.
Data from the city’s Economic Bureau showed that monthly inflation in April was mainly driven by air transportation, followed by rice, as well as fried chicken, cooking oil and gasoline.
On an annual basis, inflation was primarily attributed to higher prices of gold jewelry, broiler chicken, air transportation, rice and cooking oil.
Pramono said Jakarta’s economic resilience is underpinned by two main growth drivers — household consumption and investment — which continue to support activity despite external uncertainties.
Separately, Bank Indonesia said Jakarta remains the country’s largest economic hub, contributing about 16.67% to the national economy.
“In the first quarter of 2026, Jakarta’s economy continued to grow strongly at 5.59% year-on-year, in line with national growth of 5.61%,” said Iwan Setiawan, head of Bank Indonesia’s Jakarta Representative Office.
To keep inflation in check, the Jakarta Regional Inflation Control Team has rolled out measures focused on maintaining price affordability, ensuring supply availability, improving distribution and strengthening communication.
These include promotional programs for key food commodities and a memorandum of understanding between state-owned food distributor Food Station Tjipinang Jaya and the Pariaman Agriculture, Food and Fisheries Agency to secure rice supply, alongside capacity-building initiatives.
Tags: Keywords:Related Articles
Statistics Chief Defends Strong Q1 Growth Data Amid Skepticism
"We use 2,719 indicators to measure expenditure-side GDP and 841 indicators to measure production-side GDP across Indonesia,” Amalia said.Government Spending Surges in Q1 2026 on Fiscal Stimulus and Low Base Effect
The government spending surged in Q1 2026 as faster budget disbursement and fiscal stimulus boosted economic activity.Indonesian Economists Question Validity of Reported 5.61% Q1 Growth
The group said its own research identified discrepancies within the official data, raising concerns over the integrity of the measurement.Governor Pramono Discusses Public Transport Expansion With B-Universe Executives
Jakarta Governor Pramono Anung highlighted the capital’s expanding public transportation network during talks with B-Universe executives.Jakarta Mobilizes Community Networks to Tackle Slum Areas
Jakarta is mobilizing community groups and local officials to reduce slum areas after the number of slum neighborhoods fell by 52%.Jakarta Opens Boxing Ring, Skatepark to Curb Youth Brawls
Jakarta opens a boxing ring and skatepark in East Jakarta to curb youth brawls and give young people positive activities.Jakarta MRT Phase 2A on Track for 2029 Full Operation
Jakarta MRT Phase 2A reaches nearly 60% completion, linking HI Roundabout to Kota Tua with seven underground stations by 2029.Jakarta Expands Car Free Day to Rasuna Said
Jakarta expands Car Free Day to Rasuna Said, extends hours, and boosts pedestrian space as urban revamp continues.Jakarta Launches Stricter Waste Segregation Policy Amid Landfill Pressure
Jakarta will begin enforcing mandatory household waste sorting on May 10 as the city pushes to ease pressure on Bantargebang landfill.Jakarta Economy Grows 5.59% as Inflation Holds at 2.32%
Jakarta’s economy grows 5.59% in Q1 2026, in line with national pace, while inflation remains low at 2.32% on stable prices.The Latest
Bank Indonesia Pushes De-Dollarization Efforts as Rupiah Nears Rp 18,000 Per Dollar
Bank Indonesia is expanding local currency settlement cooperation as the rupiah weakens toward Rp 18,000 per dollar.Indonesia Urges Hajj Pilgrims to Stop Packing Holy Zamzam Water in Their Luggage
Saudi authorities intensified inspections of Indonesian pilgrims' luggage after repeated discoveries of holy zamzam water hidden in baggage.JCI Hits 2026 Low as Rupiah Slides Past 17,900, Moody’s Flags Danantara Unit
JCI sank 4.11% to its lowest level this year as the rupiah hit a record low and Moody’s outlook on a Danantara unit rattled investors.Indonesia to Receive Garibaldi Carrier This Year, Braces for Hormuz Delays
Rome wants to donate a decades-old aircraft carrier to Indonesia to avoid costly dismantling.Indonesian Airlines Push for Zero Import Tax on Aircraft Spare Parts
Airlines are urging the government to eliminate import taxes on aircraft spare parts to reduce operating costs.Most Popular
