YEAR 2019 ended with a manageable inflation and stronger rupiah. Monthly inflation hiked to 0.34% in Dec. due to the seasonal factor of higher demand in Christmas and year-end holidays. The annual inflation was only 2.72% in Dec. 2019, well below the 3.5% annual target. Rupiah continued on an upward trend in Dec. amid the weakening US dollar orldwwide and in the absence of negative sentiment domestically. Bank Indonesia performed neutral monetary policy through keeping BI Rate at 5 percent in Dec.

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