Indonesia's Economic Growth in Q1 2026: Impact of Lebaran and Imlek

Indonesia anticipates significant economic growth in the first quarter of 2026, driven by the celebrations of Lebaran and Imlek. economist Wijayanto Samirin from Paramadina University pointed out that this will result in a substantial increase in household consumption, positively impacting the economy. The shift in the dates of these holidays will have a migratory effect on quarterly growth dynamics, but overall the seasonal nature of the event will not alter annual targets. It is anticipated that Lebaran will boost consumption levels in Q1 2026, as consumer spending during this period accounts for 25-30% of annual expenses. A crucial aspect is additional economic incentives from the government, such as transport discounts and support for the underprivileged, which will also stimulate economic activity.