Indonesian Political, Business & Finance News

Jakarta Administration Says Public Purchasing Power Remains Stable

| Source: ANTARA_ID Translated from Indonesian | Economy
Jakarta Administration Says Public Purchasing Power Remains Stable
Image: ANTARA_ID

Jakarta (ANTARA) - The Industry, Trade, Cooperatives, Small and Medium Enterprises Office (PPKUKM) of DKI Jakarta has said that the purchasing power of Jakarta residents remains intact, as seen partly in the results of an MSME bazaar at City Hall held on 20-23 July 2026.

Head of the DKI Jakarta PPKUKM Office, Elisabeth Ratu Rante Allo, revealed that the turnover from the bazaar, which involved 69 mentored MSMEs, reached Rp332.8 million over the four days of the event.

“Turnover of more than Rp332 million at this bazaar shows that the purchasing power of Jakarta residents remains intact,” she said in an official statement received in Jakarta on Monday.

Elisabeth said residents came to shop for products from local MSMEs. This is also a positive signal that the quality of products from mentored Jakarta MSMEs is increasingly able to meet consumer needs and win consumer trust.

“Most of the turnover came through QRIS JakPreneur transactions, reflecting the widening adoption of non-cash payments among mentored Jakarta MSMEs,” she said.

She claimed that the turnover achieved during the four-day bazaar at City Hall was an indicator that the promotion, product curation and mentoring carried out by the PPKUKM Office have been able to enhance MSME competitiveness.

The PPKUKM Office will continue to expand market access for mentored MSMEs, broaden the organisation of thematic bazaars, increase facilitation of participation in national and international exhibitions, and strengthen digital marketing.

“We want more and more Jakarta MSMEs to move up a class, grow and become part of a wider supply chain,” said Elisabeth.

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