‘We lost everything’: the Indonesians falling out of the middle class
Nearly 10 million people have slipped out of Indonesia’s middle class since 2019, according to government statistics. Spending about one-quarter of their takings each month, the couple belonged to the upper reaches of Indonesia’s middle class, officially defined as those with monthly outgoings of between two million rupiahs and 9.9 million rupiahs. “Major trading partners like the US, China, and Japan are experiencing contractions, as indicated by the Purchasing Managers’ Index, leading to reduced international demand for Indonesian commodities,” Yazid said. “This adds further strain on the middle class.” Adinova Fauri, an economic researcher at the Centre for Strategic and International Studies, said Indonesia’s strained middle class “reflects deeper structural issues, particularly the impact of deindustrialisation in Indonesia.” “Manufacturing, which used to absorb a large share of the labour force, is no longer able to do so. Our business just died completely.” Nasution’s husband took up the first job he could find, a role harvesting the fruit of oil palms for about 2.8 million rupiahs a month.
Discover Related

How Middle Class Got Left Behind in India's Growth Story

Is India's middle class losing momentum? See what this expert says

How did Indonesia’s richest woman lose $3.6 billion in just three days?

Why Budget 2025 has suddenly heeded to the harassed middle-class salaried taxpayer

Budget 2025: Middle Class Wins Big in 2025 Budget with Tax Cuts | ABP NEWS

India’s budget gives tax relief to middle class to boost spending, growth

Middle class is back -- both in the Budget and political discussions

A salary hike for middle class as government bets big on it to spend more

Middle class is back -- both in the Budget and political discussions

Budget 2025 preview—Part 3: Skilling and jobs, exports, and middle-class woes

Budget 2025 preview—Part 3: Skilling and jobs, exports, and middle-class woes

India’s middle class left stranded in a political muddle

Silver lining

Rupiah Slumps on Scaled-Back Tax Hike Even as Finance Chief Downplays Deficit

Budget 2025: Top 6 expectations from the middle class

India's middle class tightens its belt, squeezed by food inflation

The Illusion of Middle Class: Why People Identify as Rich, Even When They're Not

The five signs that I became middle class overnight (yes really)

Stock Winners and Losers in Indonesia’s $230 Billion Budget Plan

Inside the tax cut that changed everything for the middle class in America

Anant Ambani’s glitzy wedding highlights India’s ‘missing middle class’

"Middle class" is an outdated misnomer: It's now "a minimum standard of living"

Year Ender 2023: Financial Health Check, How Indian Middle Class Redefined Spending

Indonesia’s presidential hopefuls lay out plans to revive $1.2tn economy
