Finance Minister Purbaya Says Public Purchasing Power Remains High

metrotvnews.com
8 jam lalu
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Jakarta: Minister of Finance Purbaya Yudhi Sadewa confirmed that the national economy continues to show a positive trend amidst the heated global geopolitical situation.

According to Purbaya, this can be seen from several indicators of consumption and public mobility, which continue to grow, reflecting maintained purchasing power.

In a working meeting with Commission XI of the House of Representatives (DPR) on Monday, April 6, 2026, Purbaya revealed that car sales have reached a high level, even the highest in recent years, despite experiencing a slight decline from their peak. Meanwhile, motorcycle sales also continued to record positive growth.

"12.2 for car sales. That's a very high level, although it dropped slightly at its peak, but if you look at it compared to last year, this is the highest level in recent years. This means there is indeed an improvement in purchasing power," Purbaya said, as quoted on Metro TV's Breaking News program on Monday, April 6, 2026.

Furthermore, cement consumption, as an indicator of real sector activity, also shows a positive trend. In the first two months of this year, semen consumption growth reached around 5.3 percent, reversing the negative trend seen in the middle of last year.

"If we look at last year's average, June, July, August, and September tended to be negative. So, there is indeed an economic improvement," he said.

Other indicators, such as the Mandiri Shopping Index, also showed significant increases and remained at high levels, indicating continued strengthening of consumer spending. Furthermore, economic mobility is also reflected in the increase in electricity consumption in the business and industrial sectors.

"Economic and business mobility is also reflected in electricity sales by businesses and industry, including cement sales. These various indicators show that economic activity is moving strongly, supported by business activity and domestic consumption," he said.

In maintaing this momentum, the government is strengthening the synergy of fiscal and monetary policies. One strategic step is the placement of IDR200 trillion from the Surplus Budget Balance (SAL) into banks to increase liquidity in the financial system.

This policy resulted in primary money (M0) growth reaching 19.2 percent annually through March 2026. This liquidity also contributed to credit growth of 9.4 percent, supported by a 13.2 percent increase in Third Party Funds (TPF).

According to Purbaya, this policy also contributed to lower deposit and loan interest rates, thereby making banking funding costs more efficient and encouraging credit distribution to productive sectors.

Nevertheless, the government remains cautious to prevent economic growth from overheating. Regular monitoring is carried out through an early warning system to maintain stability.

"With the synergy of these policies, it is hoped that investment will increase, employment opportunities will increase, and economic growth can be sustained," he said.


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