Government’s upbeat full-year forecast requires ‘significant game changer’

20260804 Indonesia GDP

Shoppers buy groceries at a market in Bali, Indonesia, on June 29: Rising prices, particularly for fuel, have squeezed household budgets. (Photo by Ken Kobayashi)

ISMI DAMAYANTI and REZHA HADYAN

August 5, 2026 13:20 JST

Updated on August 5, 2026 16:45 JST

JAKARTA — Indonesia’s economy slowed in the second quarter as household spending eased in the absence of a major Islamic holiday and as the impact of the Iran war became more apparent, official data showed Wednesday.