Video: Maintaining the Engine of Growth Through the Processing Industry
Jakarta, CNBC Indonesia - Economic growth throughout the second quarter of 2026 was recorded at 5.29% year-on-year, remaining positive but lower than the first quarter of 2026, which surged to 5.61% year-on-year. CNBC Indonesia Economist Maesaroh stated that the decline in Indonesia’s GDP in Q2-2026 is inseparable from the annual cycle related to the end of the Ramadan, Eid, and Lunar New Year periods, which had boosted public consumption; as this season concluded in the second quarter, a decline in consumption occurred. On the other hand, Indonesia’s Q2-2026 GDP performance was still better and growing compared to the previous year, underpinned by food and beverage consumption and healthcare. Additionally, the non-oil and gas processing industry also grew, which is expected to increase employment absorption alongside high investment growth. What is the analysis of Indonesia’s growth performance? Is the engine of growth still running hot? For more details, watch the review by Shania Alatas with CNBC Indonesia Economist Maesaroh on Squawk Box, CNBC Indonesia (Thursday, 06/08/2026).