Headline inflation is gradually subsiding with steady core inflation that indicates strong and manageable domestic demand. Externally, the less aggressive monetary tightening from the Fed and attractive yield spread have accommodated capital inflows to Indonesia. As a result, Rupiah is appreciating to the strongest level reaching IDR14,670 in early May supported by the rush upsurge...Read More

Year-on-year (YoY) inflation in April 2023 was reported at 4.33% or decreased by 0.64% compared to annualized inflation in March 2023. YoY core inflation is at 2.83% in April 2023, decreased by 0.11% compared to the previous month. Inflation was mainly caused by the administered prices component which experienced YoY inflation of 10.32%, but it...Read More

Indonesia has managed to get through episodes of inflationary pressure, high commodity prices, global monetary tightening, and value chain disruptions rather splendidly. Economy grew by 5.31% (y.o.y) for overall 2022 after recording higherthan-expected growth at 5.01% (y.o.y) in Q4-2022. The persistent notable performance of economic growth was supported mainly by the solid domestic demand following...Read More

In line with efforts to support ILO Convention 189 regarding work eligibility for domestic workers (pekerja rumah tangga/ PRT), Indonesia has shown a commitment to protect them through the acceleration of the Domestic Worker Protection Bill (RUU PPRT) which was actually initiated 19 years ago. It is hoped that this law become an umbrella regulation...Read More

Pada Maret 2023 lalu, neraca perdagangan Indonesia mencatat surplus senilai USD2,91 miliar. Surplus ini adalah yang ke-35 bulan berturut-turut sejak Mei 2020. Trade and Industry Brief edisi April ini membahas kinerja perdagangan Maret 2023 dan menyajikan pembahasan khusus tentang tinjauan kinerja perdagangan internasional Indonesia sepanjang tahun 2022 dibandingkan dengan tahun-tahun sebelumnya. Pada tahun 2022, ekspor...Read More

The inflation figure moved in a favourable direction as it decreased to 4.97% (y.o.y), getting closer to BI’s target range of 3±1%. From the external side, the pressure to delay monetary tightening by the US has created momentum for flow of funds into emerging markets, including Indonesia, resulting in capital inflows of IDR8.21 trillion in...Read More

Year-on-year (YoY) inflation in March 2023 was reported at 4.97% or a decrease of 0.50% compared to annual inflation in February 2023. Inflation was mainly due to the administered prices component which experienced YoY inflation of 11.56%. YoY inflation occurred in all sectors except the information, communication and financial services sector (-0.23%), which has consistently...Read More