Prabowo Receives Report of 5.47 Percent Economic Growth and 3.3 Percent Inflation

JAKARTA, KOMPAS.com - Indonesian President Prabowo Subianto led a limited meeting (ratas) regarding the latest macroeconomic conditions at the Bogor Palace in West Java on Friday (13/11/2026).

The Coordinating Minister for Economic Affairs, Airlangga Hartarto, reported that several national economic indicators continue to show positive developments, with economic growth recorded at 5.47 percent and inflation hovering around 3.3 percent.

“It was also mentioned that our foreign exchange reserves are relatively secure for 5.3 months, approximately 146 billion (USD). In addition, the consumer confidence index is above 118, and the Purchasing Managers' Index (PMI) is optimistically at 54, which is one of the highest rates,” said Airlangga in a press release on Friday evening.

Airlangga elaborated that the meeting also discussed the development of volatile food inflation, which is a significant contributor to overall inflation.

Prabowo, according to Airlangga, directed that this situation should remain within a controlled range while ensuring farmers benefit from rising agricultural commodity prices.

“The President's guidance is to keep this within range. We should maintain it, but let farmers enjoy exchange rates reaching 133,” he stated.

Apart from macroeconomic and food conditions, Prabowo also focused on energy sector savings efforts.

The government was urged to examine efficiency opportunities in both the fuel and electricity sectors and to prepare policy options that can be implemented.

“The President requested a study on this matter to propose what policies should be adopted in this sector,” Airlangga said.

He added that in the agriculture and livestock sectors, Prabowo called for the acceleration of several programs to strengthen domestic supply.

One such initiative pertains to feed production, including operational plans for feedmill factories by state-owned enterprises (SOEs) and the development of poultry farming.

“SOEs are expected to clarify when their feedmill programs can commence production, along with poultry farming and others that were mentioned, which are anticipated next year. He requested that this be expedited,” Airlangga noted.