Indonesia: GDP Growth in the 2Q23 Solidly-Stable Indonesia’s Gross Domestic Product (GDP) growth in the second quarter of 2023 (2Q23), at 5.17% as compared to the same quarter last year (Year-on-Year), is slightly higher than the consensus estimate…
Indonesia: July Inflation Rate Headline Inflation at 0.21% Month-on-Month (MoM) Indonesia’s headline inflation rate for July this year was released at a MoM rate of 0.21% (June: 0.14%), and a Year-On-Year (YoY) rate of 3.08% (June:…
Indonesia: Total External Debt Outstanding Balance May: USD398.3 billion Indonesia’s May external debt is recorded at USD 398.3bn as of May this year and has continued declining since January in the amount of USD404.97bn. The trend…
Indonesia: June Consumer Confidence Index Stable at the Optimistic Level Indonesia’s consumer confidence index (CCI or “Indeks Kepercayaan Konsumen”) for June, based on the survey conducted by the central bank Bank Indonesia pointed to a composite figure…
Indonesia: June Inflation Rate Headline Inflation at 0.14% Month-on-Month (MoM) Indonesia’s headline inflation rate for June this year was released at a MoM rate of 0.14% (May: 0.18%), and a Year-On-Year (YoY) rate of 3.52% (June: 4.00). …
Indonesia: Moment of Reflect & Surveil Bank Indonesia (BI) Board of Governors Meeting on June (21-22) agreed to keep the policy rate BI7-Day Reverse Repo Rate unchanged at 5.75%. The move was widely expected by the financial community. More…
Mitra Adiperkasa : 1Q23 Results Mitra Adiperkasa (MAPI) posted total net revenues of IDR7.5tr during the first three months of this year (1Q23), representing a robust 32.5% against the same period last year. The gross margin was 44.3% while…
Indonesia: Tax Revenue April 2023: Tax Contributes a Stable Majority Indonesia’s total state revenue reached an amount of IDR1,001tr from January to April this year. The figure represents a growth of 17.3% as compared to the same…
𝐈𝐧𝐝𝐨𝐧𝐞𝐬𝐢𝐚 𝐒𝐭𝐚𝐭𝐞 𝐁𝐮𝐝𝐠𝐞𝐭 April 2023: a total net surplus of IDR234.7tr Indonesia’s state budget( or APBN for “Anggaran Penerimaan dan Belanja Negara”) for January to April this year indicated a total net surplus of IDR234.7tr (in Chart 1).…
𝐈𝐧𝐝𝐨𝐧𝐞𝐬𝐢𝐚: 𝐆𝐃𝐏 𝐆𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝐭𝐡𝐞 𝟏𝐐𝟐𝟑 Indonesia’s Gross Domestic Product (GDP) growth in the first quarter of 2023 (1Q23), at 5.03% as compared to the same quarter last year (Year-on-Year), is slightly higher than the consensus estimate of 4.90%.…