Domestic Economy

2022:  Inflation Rate of 5.51%   December’s headline inflation rate was released at an annual rate of 5.51% (2021:1.87%, 2020: 1.68%, 2019: 2.72%).  Domestic demand for consumer goods, in 2022, has to face special supply issues along with the recovery…

𝐈𝐧𝐝𝐨𝐧𝐞𝐬𝐢𝐚 𝐓𝐫𝐚𝐝𝐞 𝐍𝐨𝐯𝐞𝐦𝐛𝐞𝐫 𝟐𝟎𝟐𝟐   Cᴏɴᴛɪɴᴜɪɴɢ Pʀᴇᴠɪᴏᴜs Mᴏɴᴛʜs’ Sᴜʀᴘʟᴜs     Indonesia’s trade balance figure for November came in at a surplus of USD5.2bn, on the back total export value of USD24.1bn (+5.2% YoY, -2.5% MoM), and total import value…

Indonesia November’s Headline Inflation Rate: Lower   November’s headline inflation rate was released at an annual rate of 5.42% (YoY), and a monthly basis of 0.09% (MoM).  Both are lower than the pre-estimates, based on a survey conducted by the…

GDP Gʀᴏᴡᴛʜ 3Q22: Iɴᴛᴏ Pʀᴏɢʀᴇssɪɴɢ Fᴀsᴛᴇʀ, ғʀᴏᴍ ᴛʜᴇ Bᴀʀᴇ Mɪɴɪᴍᴜᴍ   Third Quarter 2022 GDP grows by 5.72%   Indonesia’s economy in the 3Q22, on an annual basis, expanded by 5.72% in a constant term, and by 1.81% over the…

A Lower Pre-estimate of November’s CPI   Indonesia’s Consumer Price Index (CPI) for November, by a regular monthly survey conducted by the central bank Bank Indonesia (BI), is expected to be a headline inflation rate of 5.5% YoY.  The figure…

October’s monthly deflation unexpected   Indonesia’s Consumer Price Index (CPI) for October, released on Tuesday (11/1), points to 112.75 index points (pt),  lower as compared to that in September at 112.87pt. October’s monthly headline deflation at 0.11% came in as…

September: the second hike of 50 basis points to 4.25%     Price of Money Adjustments   Bank Indonesia (BI) Board-of-Governor (BOG) monthly September meeting last week (7/22) decided to increase the country’s policy rate BI7-Day Reverse Repo Rate (BI7DRR)…

GDP ɢʀᴏᴡᴛʜ 2Q22: ᴀ ᴘᴏɪɴᴛ-ᴛᴏ-ᴘᴏɪɴᴛ sʜᴏᴏᴛ ᴛᴏ 2019   Sᴇᴄᴏɴᴅ Qᴜᴀʀᴛᴇʀ 2022 GDP ɢʀᴏᴡs ʙʏ 5.44% Indonesia economy in 2Q22, on an annual basis, expanded by 5.44% YoY, and by 3.72% over the first quarter of this year.  . The…

Bᴀɴᴋ Iɴᴅᴏɴᴇsɪᴀ: Mᴀɪɴᴛᴀɪɴ ᴛʜᴇ ʀᴇᴄᴏʀᴅ-ʟᴏᴡ BI7DRR ᴏꜰ 3.5%   𝐒𝐭𝐚𝐛𝐢𝐥𝐢𝐭𝐲 Bank Indonesia (BI) Board of Governors (BOG) monthly meeting July last week (7/21) had decided to keep the reference rate unchanged at 3.5%, for the 18th month since February last…

𝐉𝐮𝐧𝐞’𝐬 𝐌𝐨𝐧𝐭𝐡-𝐨𝐧-𝐌𝐨𝐧𝐭𝐡 𝐈𝐧𝐟𝐥𝐚𝐭𝐢𝐨𝐧 𝐬𝐮𝐫𝐩𝐫𝐢𝐬𝐞   𝑱𝒖𝒏𝒆’𝒔 𝑯𝒆𝒂𝒅𝒍𝒊𝒏𝒆 𝑰𝒏𝒇𝒍𝒂𝒕𝒊𝒐𝒏 𝒓𝒂𝒕𝒆𝒔  Indonesia headline inflation rate for the month of June was released today at  0.61% MoM (May:0.4%, April:0.95%) and 4.35% YoY (May:3.55%, April:3.47%).  The annual inflation rate is in-line with market consensus,…