Key insights and market outlook
The Indonesian government is optimistic about economic growth in 2026, citing positive indicators including increased consumer spending and rising investment. Coordinating Minister for Economic Affairs Airlangga Hartarto highlighted that various economic risks have been managed by the end of 2025, supporting a positive growth projection for next year. Key indicators include a rise in Mandiri Spending Index to 312.8 in November 2025 and significant investment realization of Rp 1,434 trillion by September 2025.
The Indonesian government is showing confidence in the country's economic growth for 2026, backed by several positive indicators. Coordinating Minister for Economic Affairs Airlangga Hartarto stated that various economic risks have been successfully managed by the end of 2025, paving the way for a positive growth trajectory in the following year.
One of the key indicators is the increase in consumer spending, as reflected in the Mandiri Spending Index (MSI) rising to 312.8 in November 2025 from 297.4 in October 2025. This significant jump indicates growing consumer confidence and spending power, which is crucial for sustaining economic momentum.
Another positive sign is the continued growth in investments. By September 2025, investment realization had already reached Rp 1,434 trillion. Airlangga mentioned that investment is expected to remain robust, driven by initiatives from state-owned enterprises like Danantara.
Airlangga expressed his optimism during the Bank Indonesia Annual Meeting (Pertemuan Tahunan Bank Indonesia - PTBI) 2025, highlighting that the fundamental projections and growth trends for 2026 are positive. The government's confidence stems from its ability to manage economic risks and maintain stability in key economic indicators.
The overall economic outlook for 2026 appears promising, with both consumer spending and investment showing positive trends. The government's proactive measures to control economic risks have contributed to this optimistic projection, setting a solid foundation for continued growth in the coming year.
Positive Economic Indicators for 2026
Increased Consumer Spending
Rising Investment Realization