Monthly Economic Review

BOTTOM LINE: Reactivating the economy in many regions slightly changes the Indonesian economic state of play. In June, inflation marginally increased and still at much lower level than last year.  The value of rupiah strengthened last month, but it has been weakening over two weeks of July. Stock market moved in volatile way and it…

Monthly Economic Review

BOTTOM LINE: Taken together, the indicators during May and up until mid-June 2020 indicate that the Indonesian economic state of play remained weak amid the Covid-19 pandemic. The inflation was very low, rupiah and stock index strengthened but face volatilities ahead, manufacturing was on a deep contraction phase, export and import fell sharply, and state…

Monthly Economic Review

LOWER DEMAND helped to keep the inflation at low level despite Ramadhan fasting month, which normally escalates the general prices. In Apr., inflation only reached 0.08% (m-t-m), fell from 0.1% in Mar. Rupiah’s daily movements was volatile but on an appreciation trend, and it continued until the first week of May. BI remained stand by…

Monthly Economic Review

THE COVID-19 PANDEMIC disturbed Indonesia’s economic stability. In Mar., monthly inflation reached 0.10%, reflects economic slowdown as demonstrated by deeper deflation of transportation. Prices of foods dropped thanked to supply from imports. The pandemic and its economic impact dragged down rupiah value, its average value fell by 10.3% (m-t-m). Rupiah was traded at Rp 16,367…

Monthly Economic Review

CONSUMER PRICES hiked 0.28% (m-t-m) in Feb. dropped from Jan.’s 0.39%. It was largely driven by higher prices of food & beverages and tobacco, and was possibly linked to supply chain disruption from the coronavirus and floods in Jakarta. Rupiah was on a depreciation trend and hard hit by heightened issue of coronavirus. Its value…

Monthly economic review

YEAR 2020 started with heightened inflationary pressures but stronger rupiah. Monthly inflation hiked to 0.39% in Jan. largely was due to the substantial increase in food prices as the impact of rainy season and floods. Rupiah continued on an appreciation trend in Jan., but it weakened in end of month especially due to the markets’…

Monthly Economic Review

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…