Jakarta (ANTARA) - Finance Minister Purbaya Yudhi Sadewa stated that the national economy’s 5.61-percent growth in the first quarter of 2026 indicates that household purchasing power is being maintained.“The largest contributor to economic growth was household consumption. This shows that household purchasing power remains strong,” he stated in a written statement here on Thursday.
 

He explained that understanding the structure of economic growth needs to be viewed through the contribution of each component to the Gross Domestic Product (GDP).

“The contribution to growth is calculated from the growth of each component multiplied by its share in the economy. Based on that calculation, household consumption became the main driver of national economic growth,” he remarked.

Household consumption was the largest contributor to economic growth, accounting for 2.94 percent in the first quarter.

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According to Statistics Indonesia (BPS), household consumption performance was mainly driven by increased public mobility during national holidays and religious celebrations such as Nyepi and Eid al-Fitr.

In addition, various inflation control policies and government stimulus measures also supported consumption, including transportation ticket discounts, religious holiday allowances or 14th-month salary payments, and Bank Indonesia’s benchmark interest rate maintained at 4.75 percent.

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Apart from household consumption, Gross Fixed Capital Formation (PMTB) or investment contributed 1.79 percent to economic growth. The figure was driven by government investment, national priority development projects, as well as private investment.

Meanwhile, government spending contributed 1.26 percent to first-quarter growth performance, with growth recorded at 21.81 percent. The government continues to strengthen fiscal and monetary policy synergy to maintain economic growth momentum and strengthen public purchasing power.