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Jakarta Economy Grows 5.59% as Inflation Holds at 2.32%

Endang Mulyani
May 6, 2026 | 8:57 pm
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Iwan Setiawan, head of Bank Indonesia's Jakarta Representative Office; Amalia Adininggar Widyasanti, head of Central Statistics Agency; and Pramono Anung, governor of Jakarta, attend a press conference at City Hall on Wednesday, May 6, 2026. (JG Photo/Endang Mulyani)
Iwan Setiawan, head of Bank Indonesia's Jakarta Representative Office; Amalia Adininggar Widyasanti, head of Central Statistics Agency; and Pramono Anung, governor of Jakarta, attend a press conference at City Hall on Wednesday, May 6, 2026. (JG Photo/Endang Mulyani)

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.

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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.

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