# Indonesia economic and fiscal trends

> Live situation record from CLSTR: https://clstr.news/situations/indonesia-economic-and-fiscal-trends
> Updated: 2026-10-02T23:16:01.000Z. Sources: 18. Developments: 2.

Indonesia’s economic landscape in late 2026 is characterized by sector-specific pressures and broader fiscal management. In the housing sector, the secondary market has seen a decline in real price growth, with the national Resale Price Index growing only 0.9% year-on-year through July 2026, trailing an inflation rate of 2.9%. This slowdown coincides with a 16.4% year-on-year decrease in the supply of secondary homes.

By September 2026, national inflation was recorded at 3.28%, remaining within the government’s target range, though volatile food inflation reached 5.03%. To support growth, the 2027 State Budget has been passed with a 6% economic growth target and a deficit of 2.4% of GDP. Despite national stability, regional fiscal challenges have emerged, including funding reductions in Bali and delayed revenue-sharing disbursements in Bandung.

## Timeline

### 2026-10-02: Indonesia economic indicators show stability amid regional fiscal shifts

Indonesia reports stable economic indicators with September inflation at 3.28%, while the 2027 state budget targets 6% growth through investment despite regional fiscal challenges in Bali and Bandung.

16 sources. https://clstr.news/cluster/bali-faces-rp15-trillion-reduction-in-regional-transfer-funds-for-2026

### 2026-09-15: Indonesia secondary housing prices see low real growth amid supply decline

Indonesia's secondary housing market saw a 0.9% annual RPI growth in July 2026, trailing inflation. Despite low real growth, supply fell 16.4% annually, with Tangerang leading search interest.

2 sources. https://clstr.news/cluster/indonesia-secondary-housing-prices-see-low-real-growth-amid-supply-decline

---
Cite as: Indonesia economic and fiscal trends. CLSTR, https://clstr.news/situations/indonesia-economic-and-fiscal-trends