Jakarta Inflation Reaches 0.63% in February 2026, Below National Rate
Jakarta province recorded inflation of 0.63% month-on-month (mtm) in February 2026, reversing from a deflation of 0.23% (mtm) in January 2026. This figure remained lower compared with national inflation, which reached 0.68% (mtm).
Year-on-year (yoy), Jakarta’s inflation stood at 4.91% (yoy), slightly higher than the national figure of 4.76% (yoy). The year-on-year increase was primarily driven by base effects, as February 2025 had experienced low inflation due to electricity tariff discounts.
Iwan Setiawan, Head of Indonesia’s Central Bank (Bank Indonesia) Office in DKI Jakarta Province, explained that the pressure was temporary in nature. “The year-on-year inflation increase is mainly caused by base effects and is temporary in nature. We estimate this pressure will return to normal in April 2026,” Setiawan said.
Beyond this factor, seasonal demand increases ahead of Ramadan and disrupted horticultural production caused by weather further drove commodity price increases. The Food, Beverage, and Tobacco category became the largest contributor to February 2026 inflation with a 2.23% (mtm) rise, after previously experiencing deflation. Price increases primarily occurred in chicken, red chillies, and shallots.
Chicken price surges were driven by increased live bird prices at producer level. Meanwhile, high rainfall in production centres impacted the quality and quantity of red chillies and shallots, and even disrupted harvesting of horticultural commodities such as spinach due to waterlogged fields.
Amid global uncertainty, world gold prices also experienced increases, impacting domestic gold jewellery prices. Gold jewellery inflation rose 9.61% (mtm), with average prices reaching Rp2 million per gram.
However, further inflation pressure was restrained by the Transportation category, which recorded deflation of 0.35% (mtm), as non-subsidised fuel prices adjusted on 1 February 2026.
Entering the period of National Religious Holidays (HBKN), the DKI Jakarta Provincial Regional Inflation Control Team (TPID) strengthened coordination through high-level meetings with the Governor and Vice Governor. The primary focus was directed at stabilising food prices and supplies during major holidays through intensive cheap markets, the continuation of subsidised food programmes, and monitoring of food prices and strategic stocks throughout the entire supply chain with the provincial government, provincial legislature, National Food Agency, and the State Logistics Company (Perum BULOG).
On the supply side, strengthening was undertaken through expanding food production, including urban farming programmes and chilli seedling cultivation on Pramuka Island.
From the distribution side, food state-owned enterprises conducted regular deliveries to residential complexes, supported by transport fleets and refrigerated trucks resulting from collaboration with Bank Indonesia.
Going forward, the 4K strategy continues to be strengthened, namely maintaining affordability, availability, quality, and coordination among all stakeholders to mitigate various risks such as global uncertainties and potential domestic risks including potential fuel price increases, high rainfall, and demand surges during Eid al-Fitr.
Iwan Setiawan affirmed optimism in inflation control in Jakarta. “With increasingly strong synergy within the TPID of DKI Jakarta Province, we are optimistic that Jakarta’s inflation will remain under control and within the target range of 2.5±1% throughout 2026,” he stated.
With various strengthening measures, Jakarta’s inflation is projected to remain stable and well-maintained amid global and domestic dynamics.