Jakarta, March 26 -- Indonesia's economy is projected to expand 5.05% in the first quarter of 2026, supported by positive impacts from the Ramadan and Idul Fitri (Eid) festive season, according to the Centre of Economic and Law Studies (Celios).

As the world's largest Muslim-majority nation, Indonesia has just concluded the Eid holiday, the peak period for consumption and travel each year. Millions of people return to their hometowns (mudik) or travel with their families, while workers receive the Eid bonus (THR), typically equivalent to one month's salary. These factors help boost household spending, the main driver of GDP growth.

Celios Executive Director Bhima Yudhistira said that actual growth could be higher if not for certain risk...