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April 22, 2024
The trade balance surplus in March 2024 was supported by export performance which reached 22.43 billion US dollars.
April 3, 2024
ANN/THE JAKARTA POST – Inflation surged to 3.05 per cent year-on-year (yoy) in March, driven by increased food prices during Ramadhan, as reported by Statistics Indonesia (BPS). This is the first time since September last year that inflation has exceeded three per cent, although it remains within Bank Indonesiaโs (BI) target range of 1.5 to […]
February 20, 2024
Indonesia expects to see foreign inflows following Prabowoโs one-round win Asia News Network (ANN) is the leading regional alliance of news titles striving to bring the region closer, through an active sharing of editorial content on happenings in the region.
February 1, 2024
Indonesias economy grew 5.0% in the fourth quarter from a year earlier, supported by resilient domestic consumption, despite exports shrinking and commodity prices falling, a Reuters poll of 23... -February 31, 2024 at 08:45 pm EST - MarketScreener
February 1, 2024
Indonesia's economy grew 5.0% in the fourth quarter from a year earlier, supported by resilient domestic consumption, despite exports shrinking and commodity prices falling, a Reuters poll of 23 economists found. Growth in Southeast Asia's largest economy was mostly driven by private consumption which remains strong against a cumulative 250 basis points of interest rate hikes by Bank Indonesia since August 2022. "The current policy rate is not tight enough to hinder economic gro...
January 17, 2024
JAKARTA : Indonesia's central bank kept policy rates steady on Wednesday to stabilise the rupiah and keep inflation within target, but said it would be patient over its next moves, with room to cut rates dependent on the currency. Bank Indonesia (BI) left unchanged its benchmark 7-day reverse repurchase r
January 12, 2024
Bank Indonesia will keep its key interest rate unchanged at 6.00% on Wednesday and until the third quarter as inflation is within the central banks target and to ensure rupiah stability, a...
January 3, 2024
Inflation lowest in 20 years despite increasing food prices Asia News Network (ANN) is the leading regional alliance of news titles striving to bring the region closer, through an active sharing of editorial content on happenings in the region.
December 22, 2023
Bank Indonesia sees no rate change until second half of 2024, but keeps open mind to cutting sooner Asia News Network (ANN) is the leading regional alliance of news titles striving to bring the region closer, through an active sharing of editorial content on happenings in the region.
October 22, 2023
ANN/THE JAKARTA POST – Bank Indonesia (BI) made a significant move by raising its benchmark interest rates by 25 basis points (bps) amid global uncertainties, even as the country experienced a consistent decline in inflation throughout the year. BI Governor Perry Warjiyo clarified the decision, emphasising that the increase in borrowing costs serves as a […]