MACROECONOMIC ANALYSIS SERIES: BI Board of Governor Meeting, May 2021
Various latest development are in the favor of economic recovery narratives. The rollout of vaccines, massive government stimulus, and gradual opening of economic activity
Various latest development are in the favor of economic recovery narratives. The rollout of vaccines, massive government stimulus, and gradual opening of economic activity
Continuation of domestic recovery trend is gaining traction. These achievements are driven by accelerating vaccination program and government stimulus, such as tax discount on
The performance of Indonesia’s macoeconomic indicators is currently showing an improvement, as recorded by higher CCI, trade balance, and decrease in daily Covid-19 cases.
Indonesia’s economic growth contracted by -2.07% in 2020, plunged into its first recession in two decades since the 1998 Asian financial crisis. Despite continuing
Serving as the main theme of 2020, ultra-weak aggregate demand and purchasing power of the population is a rather global phenomenon, as the pandemic
Bank Indonesia’s rate cut last month to 3.75% as the effort of boosting economic recovery has not reflected in Rupiah depreciation, thanks to investor’s
Indonesia officially fell into recession since the 1998 Asian financial crisis as the economy contracted again in Q3-2020 by -3.49% (y.o.y), albeit at a
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