Indonesia’s Lunar New Year holiday in 2026 is projected to generate more than USD 500 million, equivalent to approximately IDR 9 trillion, driven by strong consumer spending during the two-day national break. The festive period is anticipated to stimulate key sectors such as transportation, hospitality, retail, and food and beverage, as families travel, shop, and celebrate together. This seasonal momentum highlights the resilience of domestic consumption and the growing vibrancy of Indonesia’s local economy.
Economic observers view this surge in holiday spending as a constructive signal for the country’s broader economic outlook. The increased activity is expected to contribute positively to first-quarter growth, while also building momentum ahead of Ramadan and Eid al-Fitr. The optimistic projection reflects solid purchasing power, improving mobility, and sustained public enthusiasm for cultural celebrations, reinforcing confidence in Indonesia’s ongoing economic expansion.
Source: https://jakartaglobe.id/business/lunar-new-year-holiday-seen-generating-500-million-in-indonesia