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The trade balance surplus in March 2024 was supported by export performance which reached 22.43 billion US dollars.

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 Indonesia’s (BI) target range of 1.5 to […]

Indonesia expects to see foreign inflows following Prabowo’s 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.

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... -February 31, 2024 at 08:45 pm EST - MarketScreener

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 growth because consumer appetite to withdraw loans remains robust and we saw good performance in terms ...