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Economists from multiple research organizations have urged Statistics Indonesia (BPS) to reveal the calculation behind the recently released gross domestic product (GDP) data after growth far exceeded projections.
The CPI grew 2.37 percent on an annual basis last month, primarily due to volatile foods component, which rose by a steep 3.82 percent, along with a monthly uptick of 0.82 percent in education costs to coincide with the start of the 2025-2026 school year.
The BPS has delayed the release of its poverty rate data for March 2025 “to ensure the accuracy and the quality of the data”, but the third such delay in government data this year could unsettle the market, experts have warned.
The redefinition is being worked on by the National Economic Council alongside Statistics Indonesia (BPS), the National Development Planning Agency (Bappenas) and the Statistics Society Forum. Indonesia last revised its poverty line in 1998.
The latest BPS report indicates that unemployment fell to a record low of 4.76 percent in February, but the KSPI and a think tank analyst have pointed to discrepancies with real conditions on the ground, especially regarding layoff data.
