Eid 2026 marks a vital period for Indonesia\u2019s economy, characterised\nby a sharp surge in the amount of cash circulating among the public. The\nlatest report from NEXT Indonesia Center indicates that this significant\nliquidity growth reflects increased purchasing power and national\nhousehold consumption readiness.<\/p>\n
\u201cBased on our research using Bank Indonesia data, the amount of cart\ncurrency or cash in paper and metal form distributed for needs ahead of\nEid 2026 reaches Rp1.37 quadrillion. This figure is 10.4% higher, or an\nincrease of Rp130 trillion, compared to ahead of Eid 2025, which was\nonly Rp1.24 quadrillion,\u201d stated Head Researcher at NEXT Indonesia\nCenter, Ade Holis, in Jakarta on Thursday (26\/3).<\/p>\n
Ade assesses that the rise in cart currency or cash growth ahead of\nEid reflects national economic resilience, while also serving as\ntangible evidence of strengthened economic activity at the grassroots\nlevel.<\/p>\n
Another interesting aspect is the amount of money directly in the\npublic\u2019s pockets (outside bank vaults). Ahead of Eid 2026,\nready-to-spend funds are recorded at Rp1.241 quadrillion, up Rp104\ntrillion from the previous year\u2019s Rp1.137 quadrillion.<\/p>\n
\u201cThis certainly becomes a very strong economic modality for regions.\nThe additional Rp104 trillion in cash held by the public represents\nfresh liquidity ready to turn the wheels of the economy in various mudik\ndestinations,\u201d he explained.<\/p>\n
This liquidity growth runs in parallel with the enthusiasm of public\nmobility, as recorded in mudik flow data. The Ministry of Transportation\non the portal strategi.kemenhub.go.id notes an impressive increase in\npassenger volume across all transport modes during the eight-day period\nahead of Eid (H-8) to Eid al-Fitr Day 2026, commonly referred to as the\nmudik period.<\/p>\n
The sea transportation sector via ferries (ASDP) sees the largest\naddition in mudik passengers. The number of passengers departed via this\nmode rises from 2,336,619 people in 2025 to 2,697,459 in 2026. This\nmeans an addition of 360,840 mudik travellers on crossing routes.<\/p>\n
\u201cThis increase in sea route passengers is crucial as it indicates\nequitable economic circulation between islands. Money does not just\ncirculate in the centre but flows strongly to various regions,\u201d Ade\nstated.<\/p>\n
Meanwhile, on land routes, public transport such as buses also shows\na positive trend. There is an addition of 145,085 mudik passengers\ndeparted, boosting the total from 1,441,510 people in 2025 to 1,586,595\nin 2026.<\/p>\n
The number of mudik passengers departed by train also experiences an\nincrease. Recorded at 1,832,584 passengers in 2026, or up 193,805 from\nthe previous year\u2019s 1,638,779 passengers.<\/p>\n
In the aviation sector, this sector contributes to the departure\nincrease with an addition of 71,993 passengers. In total, 2,400,544\npeople choose to use aeroplanes during the period ahead of Eid al-Fitr\n2026, up from 2,328,551 the previous year.<\/p>\n
\u201cThe synchronisation between liquidity and mobility is the key to\nnational economic growth. The public has purchasing power and they have\nmobility access to spend it in their hometowns, which automatically\nrevitalises the local economic ecosystem,\u201d he added.<\/p>\n
The NEXT Indonesia Center research institute projects that the\ncombination of ready-to-spend funds of Rp1.241 quadrillion and the\nmassive mudik flow will provide significant contribution to the\nformation of the national Gross Domestic Product (GDP) in the first\nquarter.<\/p>\n
\u201cEid 2026 is a golden momentum. With cash circulation reaching the\nhighest record in the last six years, we are witnessing the domestic\neconomic engine working at optimal capacity,\u201d Ade concluded. (H-4)<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/cash-in-circulation-during-eid-2026-reaches-rp1-37-quadrillion-1774522289", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }