Institute for Economic and Social Research – Faculty of Economics and Business – Universitas Indonesia

Search
Close this search box.

Macroeconomic Analysis Series: BI Board of Governor Meeting, February2024

Wednesday February 21st, 2024

Headline inflation eased to 2.57% (y.o.y) in January 2024 approaching the new target mid-point of 2.5%. Diminishing impact of El-Nino weather phenomenon on food prices, distribution of social assistance to control food volatility, and lessen effect of year-end seasonal effect drove inflation down in the first month in 2024. Trade balance is still in positive territory although has been declining since April 2022. Considering the Fed will not lower its policy rate in the coming months, we view that BI should maintain BI Rate at 6.00% this month to maintain exchange rate stability.

Download (PDF, 1.6MB)

Recent Post

Ilusi Pertumbuhan yang Stabil: Indonesia Economic Outlook Q2-2024

Tuesday May 7th, 2024

Macroeconomic Analysis Series: Monthly Inflation, May 2024

Tuesday May 7th, 2024

Tantangan Produktivitas Pekerja Indonesia (Labour Market Brief, April 2024)

Tuesday April 30th, 2024

Special Report: Depresiasi Rupiah, Perlukah Panik?

Thursday April 25th, 2024

Related Post

Tuesday May 7th, 2024

Ilusi Pertumbuhan yang Stabil: Indonesia Economic Outlook Q2-2024

Tuesday May 7th, 2024

Macroeconomic Analysis Series: Monthly Inflation, May 2024

Pekerja Indonesia

Tuesday April 30th, 2024

Tantangan Produktivitas Pekerja Indonesia (Labour Market Brief, April 2024)