Stood at 2.61% (y.o.y) in December, Indonesia’s inflation rate throughout 2023 has shown a downward trend and been successfully kept within BI’s target range. The 2023 inflation realization is substantially below 2022 full-year inflation figure that reached a staggering level of 5.51% (y.o.y) due to skyrocketed commodity and energy prices. Before 2022, full-year inflation always […]
In facing the global economic uncertainty, the economic performance of ASEAN, including Indonesia, demonstrates increasingly promising potential. However, the growth of Government-to-Government (G to G) and Business-to-Business (B to B) cooperation between Indonesia and China has not been accompanied by People-to-People (P to P) relationships. This condition has prompted the Shanghai Advanced Institute of Finance […]