Government Presents Evidence of Sustained Public Purchasing Power

Jakarta, CNBC Indonesia — The government considers the purchasing power of the Indonesian public to still be well maintained, as evidenced by the rapid growth trend in purchases of durable goods.

Finance Minister Purbaya Yudhi Sadewa said that car sales growth was one of the indicators showing that demand in the domestic market remains healthy.

He revealed that car sales grew 32.9 per cent year-on-year (yoy) in June 2026, whilst motorcycle sales grew 1.1 per cent (yoy).

“Consumption and mobility indicators such as motor vehicle sales continue to grow and reflect well-maintained purchasing power,” said Purbaya whilst attending the Gaikindo Indonesia International Auto Show (GIIAS) 2026 on Tuesday (4/8/2026).

In addition to motor vehicle sales growth, domestic cement sales in June 2026 were also recorded as growing by 13.5 per cent (yoy).

Furthermore, electricity consumption rose 10.8 per cent (yoy), with growth in the household sector at 12.3 per cent, the business sector at 10.0 per cent, and the industrial sector at 6.5 per cent.

Meanwhile, the retail consumption index continued to rise, reaching 123.3, indicating that the economic activity of the public remains well sustained.

According to Purbaya, these various indicators provide confidence that the foundations of the Indonesian economy remain strong.

The government, Purbaya said, will continue to maintain growth momentum through responsive fiscal policy so that domestic demand remains the main pillar of national economic growth.

“I monitor the economy and its conditions on a monthly basis very carefully, and I am always ready to issue policies if there is any event suggesting a weakening in the economy,” said Purbaya.