In the report released on Tuesday (3rd May), the Organization for Economic Cooperation and Development (OECD) cut Indonesia’s economic growth projection to 4.7% from 4.9%. OECD also estimated Indonesia’s Gross Domestic Product (GDP) to grow 4.8% in 2026 with inflation increasing to 2.3% in 2025 and 3% in 2026 with Rupiah’s recent gradual depreciation which affected domestic prices.