MACROECONOMIC ANALYSIS SERIES: BI Board of Governor Meeting, August 2019
Inflation remained stable at 3.32% in July; it remains within BI’s target range. Core inflation decreased from 3.25% to 3.18%. The decline in core
Inflation remained stable at 3.32% in July; it remains within BI’s target range. Core inflation decreased from 3.25% to 3.18%. The decline in core
June’s inflation rate slightly fell to 3.28% (yoy) from 3.32% in May. This could indicate stabilizing trend of expected inflation in the medium term.
Inflation rate experienced an upsurge to 3.32% (yoy), higher than 3.23% in the same period last year, partially reflecting an improvement in household demand
Slow investment due to the wait-and-see stance of investors amidst the general election and the trend of falling commodity prices has led to lower-than-expected
A midst the reduced global uncertainty, Indonesian economy’s performance is relatively robust. Inflation rate has been too low, fell below the lower bound of BI’s
Robust economic growth last year reflects sound domestic economic performance amidst the global uncertainty. Inflation has been relatively subdued and approaching the lower bound
The national economy grew slightly higher than market expectations amidst global uncertainty throughout 2018 with the highest recorded growth since 2014 at 5.17% (yoy).
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