OJK: Indonesian Financial Services Sector Remains Stable until May 2026

JAKARTA - The Financial Services Authority (OJK) ensures that the stability of the national financial services sector is still maintained until May 2026, even though global inflationary pressures are increasing and financial markets are experiencing quite high volatility.

The Chairperson of the OJK Board of Commissioners, Friderica Widyasari Dewi, conveyed that the condition of the national financial services sector remained stable amid global economic dynamics.

"The Financial Services Authority's Monthly Board of Commissioners meeting on May 26, 2026 assessed that the stability of the financial services sector was maintained amid rising global inflation and financial market volatility," he said in a press conference, Friday, June 5.

Friderica or who is familiarly called Kiki explained that geopolitical conflicts in the Middle East region are still the main factors that keep energy prices high and increase global inflationary pressures.

According to him, this condition has raised expectations that global interest rates will remain at a high level for a longer time, and as a result, the yield or yield of government bonds in various countries has also increased.

"In the midst of this condition, the global economy still shows resilience. Global manufacturing activity is still in the expansion zone even though at a moderate pace," he said.

Kiki said that in the United States (US), the economy was still strong thanks to the support of a solid labor market, even though inflationary pressures were beginning to affect consumer confidence levels.

Meanwhile, in China, economic growth tends to weaken due to domestic demand and investment which are still depressed. However, the country's export performance is still relatively stable.

"This development increases the uncertainty of the global monetary policy direction and the volatility of the financial market, especially for capital flows to developing countries, including Indonesia," he said.

On the domestic side, he said Indonesia's economic activity showed varying developments such as the manufacturing sector returning to the expansionary zone in May 2026, while economic activity on the demand side was still quite strong.

In addition, Kiki said that inflation in May 2026 increased due to high global energy prices, but was still within a controlled limit.

"Meanwhile, the trade balance still recorded a surplus although it decreased compared to the previous period," he said.