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Thursday November 17 2016
Indonesia Keeps Key Rate Unchanged at 4.75%  
The Bank Indonesia held its key interest rate steady at 4.75 percent at its November meeting as expected after two-25bps cuts in the previous two months. The central bank also kept its lending facility rate unchanged at 5.5 percent and its overnight deposit facility rate at 4.0 percent. Policymakers said the decision was taken in their response to maintain domestic economic growth.
Tuesday November 15 2016
Indonesia Trade Surplus Beats Expectations in October  
Indonesia posted a trade surplus of 1.21 billion USD in October of 2016, compared to a 1.01 billion USD surplus a year earlier and above market estimates of USD 1.03 billion, as exports grew more than imports. Overseas sales rose by 4.6 percent YoY to 12.7 billion USD in October, following a 0.1 percent fall in September and beat market estimate of a 4.3 percent rise. While imports rose 3.3 percent to USD 11.5 billion in October, below market estimate of a 4.9 percent increase. Exports fell 0.1 percent to USD 12.6 billion while imports fell 2.26 percent to USD 11.3 billion in the previous month. Trade surplus was upwardly revised to to 1.27 billion USD in September. From January to October 2016, trade surplus was recorded at 6.93 USD billion, lower than that 8.23 USD billion surplus in the same period a year earlier.
Monday November 07 2016
Indonesia Economy Expands 3.20% QoQ in Q3  
Indonesia's GDP grew by 3.20 percent quarter-on-quarter in the September quarter of 2016, slowing from an upwardly revised 4.03 percent expansion in the previous three months and below market estimates of 3.22 percent growth. A faster increase in private consumption was unable to offset a drop in government spending and exports while investment slowed.
Monday November 07 2016
Indonesia's GDP Growth at 3.2% QoQ in Q3  
Indonesia's GDP grew by 3.20 percent quarter-on-quarter in the September quarter of 2016, slowing from an upwardly revised 4.03 percent expansion in the previous three months and below market estimate of 3.22 percent growth. A faster increase in private consumption was unable to offset a drop in government spending and exports while investment slowed.
Monday November 07 2016
Indonesia GDP Growth Eases in Q3  
The Indonesian economy expanded 5.02 percent year-on-year in the third quarter of 2016, compared to an upwardly revised 5.19 percent growth in the June quarter while market estimated a 5.04 percent expansion. While private consumption and investment slowed, government spending and exports declined.
Thursday October 20 2016
Bank Indonesia Unexpectedly Cuts Key Rate to 4.75%  
The Bank Indonesia unexpectedly cut its key interest rate by 25 bps to 4.75 percent at its October 20th, 2016 meeting following a 25bps cut in September. The central bank also lowered its lending facility rate by 25bps to 5.5 percent and reduced its overnight deposit facility rate by 25bps to 4.0 percent. Markets were expecting the central bank to stand pat on monetary policy. Policy makers said that the decision aims to boost growth and lending.
Monday October 17 2016
Indonesia Trade Surplus Largest in 14 Months  
Indonesia posted a trade surplus of 1.21 USD billion in September of 2016, compared to a 1.03 billion surplus a year earlier and beating market consensus of a USD 0.45 billion. It was the largest trade surplus since July 2015 as exports fell much less than imports.
Thursday September 22 2016
Indonesia Cuts Key Rate to 5%  
The Bank Indonesia lowered its benchmark interest rate by 25 bps to 5 percent at its September 22nd, 2016 meeting, as widely expected. The lending facility rate and overnight deposit facility rate were also cut by 25 bps to 4.25 percent and to 5.75 percent. Policymakers said the decision was in line with continued macroeconomic stability, low inflation and relatively stable exchange rate.
Thursday September 15 2016
Indonesia Trade Surplus Smallest in 7 Months  
Indonesia recorded a USD 0.29 billion trade surplus in August of 2016, down from USD 0.33 billion surplus reported a year earlier while market estimated a surplus of USD 0.45 billion. It was the smallest trade surplus since January as exports fell more than imports.
Friday August 19 2016
Indonesia Holds New Key Rate at 5.25%  
The Bank Indonesia left its new benchmark interest rate unchanged at 5.25 percent at its August 19th, 2016 meeting. The lending facility rate was also left unchanged at 4.5 percent but the overnight deposit facility rate was cut by 100 bps to 6 percent to narrow the corridor around the key interest rate. Policymakers officially adopted the 7-day reverse repo rate as the new benchmark, replacing the previous rate as earlier announced in April. The decision aims to improve the effectiveness of monetary policy transmission.
Monday August 15 2016
Indonesia Trade Surplus Narrows in July  
Indonesia recorded a USD 0.59 billion trade surplus in July of 2016, down from USD 1.38 billion surplus reported a year earlier and below market estimates of a surplus of USD 0.8 billion, as exports fell more than imports.
Friday August 05 2016
Indonesia Economy Expands 4.02% QoQ in Q2  
Indonesia's GDP grew by 4.02 percent quarter-on-quarter in the June quarter of 2016, rebounding from an upwardly revised 0.36 percent contraction in the previous three months and beating estimates of a 3.79 percent expansion. It was the first expansion in two quarters boosted by a rebound in investments, exports and private spending and a rise in government expenditure.
Friday August 05 2016
Indonesia GDP Growth Strongest in 2-1/2-Years in Q2  
The Indonesian economy expanded by 5.18 percent year-on-year in the second quarter of 2016, compared to a downwardly revised 4.91 percent growth in the previous period. It was the strongest growth since the December quarter 2013, driven by a faster increase in private consumption and government spending while investment eased and exports fell at a slower pace.
Thursday July 21 2016
Indonesia Unexpectedly Keeps Rates on Hold  
Indonesia's central bank left its benchmark interest rate unchanged at 6.5 percent at its July 21st 2016 meeting, following a 25bps cut last month, disappointing markets who expected another 25 bps cut. The overnight deposit facility rate and the lending facility were also left on hold at 4.5 percent and 7 percent, respectively. Policymakers already lowered rates four times so far this year, aiming to boost growth.
Friday July 15 2016
Indonesia Trade Surplus Largest in 4 Months  
Indonesia recorded a USD900.2 million trade surplus in June of 2016, up from USD536.0 million surplus reported a year earlier and way above market estimates of a USD300 million. It was the largest trade surplus since February as exports fell less than imports.
Thursday June 16 2016
Indonesia Lowers Key Rate to 6.5%  
Indonesia's central bank unexpectedly cut its benchmark interest rate by 25 bps to 6.5 percent at its June 16th 2016 meeting, mentioning benign inflation, a relatively stable currency and a narrowing current account deficit. It is the fourth cut so far this year, as central bank tries to spur economic growth. Policymakers also slashed its overnight deposit facility rate and lending facility rate by 25 basis points to 4.5 percent and 7 percent respectively.
Wednesday June 15 2016
Indonesia Trade Surplus Smallest in 4 Months  
Indonesia recorded a USD375.6 million trade surplus in May of 2016, down sharply from a USD1,141 million surplus reported a year earlier and below market estimates of a USD680 million. It was the smallest trade surplus since February as exports fell more than imports.
Thursday May 19 2016
Indonesia Leaves Monetary Policy Unchanged  
Indonesia's central bank kept its benchmark interest rate on hold at 6.75 percent for the second straight meeting on May 19th 2016. The decision came in line with market expectations after three rate cuts in a row so far this year. Bank Indonesia also left its overnight deposit facility rate and lending facility rate unchanged at 4.75 percent and 7.25 percent respectively.
Monday May 16 2016
Indonesia Trade Surplus Beats Expectations  
Indonesia recorded a USD670 million trade surplus in April of 2016, up from a USD480 million surplus reported a year earlier and beating market estimates of a USD190 million as exports fell less than imports.
Wednesday May 04 2016
Indonesia Economy Contracts 0.34% QoQ in Q1  
Indonesia's GDP shrank 0.34 percent quarter-on-quarter in the first quarter of 2016, as compared to a 1.83 percent contraction in the December quarter 2015. It is the second straight quarter of contraction as all components in the economy declined except private consumption.
Wednesday May 04 2016
Indonesia GDP Grows 4.92% YoY in Q1, Less Than Expected  
The Indonesian economy expanded by 4.92 percent year-on-year in the first quarter of 2016, compared to a 5.04 percent growth in the previous period. Figures came below market consensus of a 5.05 percent expansion as total investment and government spending slowed.
Thursday April 21 2016
Indonesia Holds Key Rate Steady at 6.75%  
Indonesia's central bank kept its benchmark interest rate on hold at 6.75 percent at its April 21st meeting, as expected, after three rate cuts in a row so far this year. Policymakers said the decision was in line with efforts to achieve the 2016 inflation target of 4±1% and support domestic economic recovery, amid weak global economic growth. Bank Indonesia also left its overnight deposit facility rate and lending facility rate unchanged at 4.75 percent and 7.25 percent respectively.
Friday April 15 2016
Indonesia Trade Surplus Narrows in March  
Indonesia recorded a USD490 million trade surplus in March of 2016, down sharply from a USD1,020 million surplus reported a year earlier and almost in line with market estimates as exports fell more than imports.
Thursday March 17 2016
Indonesia Cuts Key Rate to 6.75%  
Indonesia's central bank cut its benchmark interest rate by 25 basis points to 6.75 percent at its March 17th meeting, as expected. It was the third rate adjustment in a row aiming to support the weak economy. Bank Indonesia also slashed its overnight deposit facility rate and lending facility rate by 25 basis points to 4.75 percent and 7.25 percent respectively.
Tuesday March 15 2016
Indonesia Trade Surplus Beats Expectations in February  
Indonesia recorded a USD1,140 million trade surplus in February of 2016, widening sharply from a USD660 million surplus reported a year earlier and beating market estimates, as exports fell less than imports.
Thursday February 18 2016
Indonesia Lowers Key Rate to 7%  
Indonesia's central bank decided to cut its benchmark interest rate by 25 basis points to 7.0 percent at its February 18th meeting. It is the second rate adjustment so far this year, as policymakers seek to support the weak economy and inflationary pressures eased. Bank Indonesia also slashed its overnight deposit facility rate and lending facility rate by 25 basis points to 5.0 percent and 7.5 percent respectively, and reserve requirement ratio by 100 basis points to 6.5 percent.
Monday February 15 2016
Indonesia Posts Small Trade Surplus in January  
Indonesia recorded a USD50 million trade surplus in January of 2016, narrowing from a USD630 million surplus reported a year earlier, as exports fell more than imports
Friday February 05 2016
Indonesia Economy Contracts 1.83% QoQ in Q4  
Indonesia's GDP shrank 1.83 percent quarter-on-quarter in the final quarter of 2015, as compared to an upwardly revised 3.36 percent expansion in the September quarter but above market expectations of a 1.94 percent contraction. A surge in government spending and a faster increase in investment were unable to offset a sharp slowdown in private consumption and a further decline in exports.
Friday February 05 2016
Indonesia GDP Grows 5.04% YoY in Q4, Above Expectations  
The Indonesian economy advanced 5.04 percent year-on-year in the December quarter of 2015, as compared to an upwardly revised 4.74 percent expansion reported in the previous quarter and beating market consensus of a 4.80 percent growth. A faster increase in government spending and investment offset a slowdown in private consumption and a decline in exports.
Friday January 15 2016
Indonesia Trade Balance Swings to Deficit in December  
Indonesia recorded a USD0.23 billion trade deficit in December of 2015, swinging from a USD0.19 billion surplus reported a year earlier and missing market consensus of a surplus. It is the second trade deficit for this year, as exports fell more than imports.
Thursday January 14 2016
Bank Indonesia Cuts Rate for the 1st Time in A Year  
Indonesia's central bank decided to cut its benchmark interest rate by 25 basis points to 7.25 percent at its January, 14th meeting. It is the first rate adjustment since February, as policymakers seek to support the weak economy. Bank Indonesia also slashed its overnight deposit facility rate and lending facility rate by 25 basis points to 5.25 percent and 7.75 percent respectively.
Thursday December 17 2015
Indonesia Leaves Monetary Policy Unchanged  
The Bank Indonesia left its benchmark interest rate on hold at 7.50 percent on December 17th, as widely expected. The lending facility and the deposit facility rate were also left unchanged at 8.0 percent and 5.5 percent respectively.
Tuesday December 15 2015
Indonesia Posts 1st Trade Deficit in A Year  
Indonesia recorded a USD0.35 billion trade deficit in November of 2015, as compared to a USD0.42 billion gap reported a year earlier and missing market consensus of a surplus. It is the first deficit since November 2014, as exports declined faster than expected.
Tuesday November 17 2015
Indonesia Leaves Key Rates Steady, Lowers Reserve Requirement Ratio  
The Bank Indonesia left its benchmark interest rate on hold at 7.50 percent on November 17th 2015 as widely expected but lowered the reserve requirement ratio by 50 bps to 7.5 percent. The lending facility and the deposit facility rate were also left unchanged at 8.0 percent and 5.5 percent respectively.
Monday November 16 2015
Indonesia Trade Surplus Beats Expectations  
Indonesia recorded a USD1.01 billion trade surplus in October of 2015, significantly up from a USD0.02 billion surplus reported a year earlier and above market consensus, as imports declined more than exports.
Thursday November 05 2015
Indonesia Economy Slows to 3.21% QoQ in Q3  
Indonesia's GDP expanded by 3.21 percent in the third quarter of 2015, slowing from a 3.78 percent growth in the previous three months and below market expectations. A faster increase in private consumption and investment were unable to offset a significant slowdown in government spending and a slightly fall in exports.
Thursday November 05 2015
Indonesia GDP Growth Accelerates in Q3  
The Indonesian economy advanced 4.73 percent year-on-year in the September quarter of 2015, up from 4.67 percent expansion reported in the previous period but fractionally below market consensus. A faster expansion in government spending and investment offset a further decline in exports while private consumption was flat.
Thursday October 15 2015
Indonesia Holds Key Rate Steady at 7.5%  
The Bank Indonesia left its benchmark interest rate on hold at 7.50 percent on October 15th 2015 as widely expected, but said there's room for monetary policy easing in the future as macroeconomic pressures eased. The lending facility and the deposit facility rate were also left unchanged at 8.0 percent and 5.5 percent respectively.
Thursday October 15 2015
Indonesia Trade Balance Swings to Large Surplus  
Indonesia recorded a USD1.02 billion trade surplus in September of 2015, swinging from a USD0.26 billion gap reported a year earlier and beating market expectations, as imports declined more than exports.
Thursday September 17 2015
Indonesia Leaves Rates Unchanged  
The Bank Indonesia left its benchmark interest rate on hold at 7.50 percent on September 17th 2015 as widely expected.
Tuesday September 15 2015
Indonesia Trade Balance Swings to Surplus in August  
Indonesia recorded a USD430 million trade surplus in August of 2015, swinging from a USD312 million gap reported a year earlier, as imports declined more than exports.
Tuesday August 18 2015
Indonesia Holds Rates Steady  
The Bank Indonesia left its benchmark interest rate on hold at 7.50 percent on August 18th 2015 as widely expected, aiming to protect the rupiah. The lending facility and the deposit facility rate were also left unchanged at 8.0 percent and 5.5 percent respectively.
Tuesday August 18 2015
Indonesia Posts Large Trade Surplus in July  
Indonesia recorded a USD1330 million trade surplus in July of 2015, sharply widening from a USD50 million surplus reported a year earlier and beating market consensus, as imports declined more than exports.
Wednesday August 05 2015
Indonesia Economy Expands 3.78% QoQ in Q2  
Indonesia's GDP grew by 3.78 percent in the second quarter of 2015, following a revised 0.17 percent contraction in the previous quarter and beating market consensus. It is the fastest expansion since the second quarter last year, mainly driven by a rebound in government spending, investment and exports.
Wednesday August 05 2015
Indonesia GDP Growth Slows Further in Q2  
The Indonesian economy advanced 4.67 percent year-on-year in the second quarter of 2015, down from a revised 4.72 percent expansion reported in the previous period. It is the slowest growth since the third quarter of 2009.
Wednesday July 15 2015
Indonesia Trade Balance Swings to Surplus in June  
Indonesia recorded a USD 477.7 million trade surplus in June of 2015, swinging from a 288 million deficit reported a year earlier and slightly above market consensus, as imports declined more than exports.
Tuesday July 14 2015
Indonesia Leaves Monetary Policy Unchanged  
The Bank Indonesia left its benchmark interest rate on hold at 7.50 percent on July 14th 2015 as widely expected. The lending facility and the deposit facility rate were also left unchanged at 8.0 percent and 5.5 percent respectively.
Thursday June 18 2015
Indonesia Leaves Monetary Policy Unchanged  
The Bank Indonesia left its benchmark interest rate on hold at 7.5 percent at its June 18th meeting as widely expected.
Monday June 15 2015
Indonesia Trade Surplus Widens in May  
Indonesia recorded a USD 955 million trade surplus in May of 2015, surging from a 53.27 million surplus reported a year earlier and beating market consensus, as imports declined more than exports.
Tuesday May 19 2015
Indonesia Leaves Rates on Hold  
The Bank Indonesia left its benchmark interest rate on hold at 7.5 percent at its May 19th meeting but said it will loosen reserve requirements to banks, aiming to boost lending.
Friday May 15 2015
Indonesia Reports Trade Surplus in April  
Indonesia recorded a USD 0.45 billion trade surplus in April of 2015, rebounding from a 1.96 billion deficit reported a year earlier and beating market consensus, as imports declined more than exports.
Tuesday May 05 2015
Indonesia's Economy Shrinks 0.18% in Q1  
Indonesia's GDP contracted by 0.18 percent in the first quarter of 2015, following a 2.06 percent contraction in the previous quarter, as a small increase in private consumption was unable to offset a decline in government consumption, investment and exports.
Tuesday May 05 2015
Indonesia GDP Growth Weakest in 6 Years  
The Indonesian economy grew by 4.71 percent year-on-year in the first quarter of 2015, markedly down from a 5.01 percent expansion reported in the previous period. It is the slowest growth since the third quarter of 2009, as an increase in investment was unable to offset a further decline in exports and a slowdown in government consumption.
Wednesday April 15 2015
Indonesia Trade Surplus Widens in March  
Indonesia trade surplus was USD 1.13 billion in March of 2015, significantly up from a USD 0.67 billion surplus reported a year earlier and well ahead of market expectations.
Tuesday April 14 2015
Indonesia Leaves Monetary Policy Unchanged  
The Bank Indonesia left its benchmark interest rate on hold at 7.5 percent at its April 2015 meeting, saying current policy stance is consistent with bringing inflation to target and controlling current account gap.
Tuesday March 17 2015
Indonesia Leaves Rates on Hold  
The Bank Indonesia left its benchmark interest rate steady at 7.5 percent as expected, following last month’s cut, saying current policy stance is consistent with bringing inflation to target and controlling current account gap.
Monday March 16 2015
Indonesia Reports Trade Surplus For Third Consecutive Month  
Indonesia trade surplus was USD 738.3 million in February of 2015, down from a USD 843.4 million surplus reported a year earlier but well ahead of market expectations.
Tuesday February 17 2015
Indonesia Cuts Main Interest Rate by 25bps  
Bank Indonesia surprisingly lowered its benchmark interest rate by 25 bps to 7.5 percent in February in order to boost growth and bring inflation back to target. It is the first rate cut since 2011.
Monday February 16 2015
Indonesia Trade Surplus Beats Markets Expectations  
Indonesia reported a USD 709.4 million trade surplus in January of 2015, swinging from a USD 443.9 million deficit a year earlier as imports declined much faster than exports.
Thursday February 05 2015
Indonesia GDP Shrinks 2.06% in Q4  
Indonesia's GDP contracted 2.06 percent in the last quarter of 2014, following a revised 3.16 percent growth in the previous quarter. It is the slowest expansion since the fourth quarter of 2009, as an increase in government spending, investment and exports were unable to offset a rising imports and a plunge in private consumption.
Thursday February 05 2015
Indonesia GDP Grows 5.01% in Q4  
The Indonesian economy expanded 5.01 percent year-on-year in the fourth quarter of 2014, slightly up from a revised 4.92 percent increase in the previous period and above market expectations. Yet, considering full 2014, the GDP expanded at its slowest pace in five years, hurt by a slowdown in private and public spending and lower exports.
Monday February 02 2015
Indonesia Posts USD 190 Million Trade Surplus in December  
Indonesia reported a USD 190 million trade surplus in December of 2014, down from a USD 1510 million a year earlier as exports declined more than imports.
Thursday January 15 2015
Indonesia Keeps Monetary Policy Unchanged  
Bank Indonesia left its benchmark interest rate on hold at 7.75 percent during the meeting held on January 15th, as policymakers are confident that inflation will remain under control between 3 to 5 percent in 2015.
Friday January 02 2015
Indonesia Trade Balance Swings to Deficit in November  
Indonesia posted a USD 426 million trade deficit in November of 2014, swinging from a surplus of USD 20 million in the preceding month and from a USD 789 million a year earlier. Year-on-year, exports and imports declined by 14.57 percent and 7.31 percent respectively.
Thursday December 11 2014
Indonesia Leaves Monetary Policy Unchanged  
Indonesia’s central bank left its key policy rate steady at 7.75 percent in December after 25bps hike last month despite rise in inflation.
Friday January 02 2015
Indonesia Registers Small Trade Surplus in October  
Indonesia posted a USD 20 million trade surplus in October of 2014, swinging from a USD 270 million deficit in the preceding month, but down from a USD 24.3 million surplus a year earlier. Year-on-year, exports and imports declined by 2.21 percent.
Tuesday November 18 2014
Indonesia Raises Rates  
Bank Indonesia decided to increase the benchmark interest rate by 25 bps to 7.75 percent at an extraordinary meeting, aiming to contain inflationary pressures after the government raised fuel prices more than 30 percent.
Thursday November 13 2014
Indonesia Leaves Monetary Policy Unchanged  
Bank Indonesia left its benchmark interest rate on hold at 7.5 percent on November 13th, as inflation continues to ease and current account deficit narrowed in the third quarter of 2014. The lending facility rate and the deposit facility rate also remained unchanged at 7.5 percent and 5.75 percent respectively.
Wednesday November 05 2014
Indonesia Posts the Slowest GDP Growth in 5 Years  
Indonesian economy expanded 5.01 percent year-on-year in the third quarter of 2014, the slowest growth rate since 2009 as an increase in government spending was unable to offset slowing investment and a decline in exports.
Monday November 03 2014
Indonesia Trade Deficit Narrows in September  
In September of 2014, Indonesia's trade gap decreased to USD 0.27 billion from a USD 0.80 billion deficit a year earlier as exports grew faster than imports. In August, the country posted a revised USD 0.31 billion trade deficit.
Tuesday October 07 2014
Indonesia Leaves Rates on Hold  
At its October 7th meeting, Bank Indonesia’s left the benchmark interest rate steady at 7.5 percent, saying the current policy stance is consistent with the inflation target. Policymakers left rate unchanged for the eleventh straight meeting, as widely expected.
Wednesday October 01 2014
Indonesia Trade Balance Swings to Deficit in August  
Indonesia posted a USD 0.318 billion trade deficit in August of 2014, compared to a USD 0.07 billion surplus a year earlier and below market forecasts, as imports grew faster than exports. In July, the country posted a revised USD 0.043 billion trade surplus.
Thursday September 11 2014
Indonesia Leaves Monetary Policy Unchanged  
At its September 11th, 2014 meeting, Indonesia’s central bank left the benchmark interest rate on hold at 7.5 percent for the tenth straight meeting. The lending facility rate and the deposit facility rate were also left on hold at 7.5 percent and 5.75 percent, respectively.
Monday September 01 2014
Indonesia Posts Trade Surplus in July  
Indonesia posted a USD 0.13 billion trade surplus in July of 2014, compared with a USD 2.32 billion deficit a year earlier, as imports fell about three times more than exports.
Thursday August 14 2014
Indonesia Maintains Rates on Hold  
At its August 14th meeting, Bank Indonesia maintained its benchmark interest rate unchanged at 7.5 percent for the ninth consecutive month, as the current policy stance remained in line with efforts to bring inflation to the target range and lowered the current account deficit.
Tuesday August 05 2014
Indonesia GDP Growth Slows Further in Q2  
Indonesian economy expanded 5.12 percent year-on-year in the second quarter of 2014, the slowest rate since 2009 as exports and government spending declined.
Monday August 04 2014
Indonesia Trade Balance Swings to Deficit in June  
Indonesia trade balance swung to USD 300 million deficit in June of 2014 from USD 70 million surplus in May as imports grew faster than exports.
Tuesday July 22 2014
Can Indonesian Economy be Fixed by a New President?  
On July 22nd, Jako Widodo, the reformist Jakarta governor was officially declared a new president of Indonesia. The new head of state will have a difficult task of tackling structural problems including reducing fuel subsidy, fixing infrastructure, encouraging foreign direct investment and increasing the country’s productivity and competitiveness.
Thursday July 10 2014
Indonesia Keeps Rates Steady  
At its July 10th, 2014 meeting, Bank Indonesia left the benchmark interest rate on hold at 7.5 percent, as the current policy stance remains appropriate to steer inflation to the target range and lower the current account deficit.
Tuesday July 01 2014
Indonesia Posts Small Trade Surplus in May  
Indonesia trade balance swung to USD 70 million surplus in May from 2 billion USD deficit in April. On yearly basis, exports and imports declined respectively by 8.11 percent and 11.43 percent.
Thursday June 12 2014
Indonesia Leaves Rates on Hold  
At its June 12th, 2014 meeting, Bank Indonesia left the benchmark interest rate unchanged at 7.5 percent for the seventh straight meeting. The deposit facility and the lending facility rate were also left unchanged at 5.75 percent and 7.50 percent, respectively.
Thursday May 08 2014
Indonesia Leaves Monetary Policy Unchanged  
At its May 8th, 2014 meeting, Bank Indonesia left the benchmark interest rate on hold at 7.5 percent, as widely expected. While saying the inflation remains under control, the central bank cut its 2014 growth outlook.
Monday May 05 2014
Indonesia GDP Growth Slows to 5-Year Low  
Indonesian economy advanced 5.21 percent year-on-year in Q1 of 2014, the slowest pace since 2009 and lower than the 5.72 percent growth rate in the previous quarter. A government ban imposed on exports of unprocessed minerals in January hurt exports and the mining sector.
Thursday May 08 2014
Bank Indonesia Leaves Rates Unchanged  
At its April 8th, 2014 meeting, Bank Indonesia decided to leave the benchmark interest rate unchanged at 7.5 percent, as inflation, current account and rupiah pressures eased.
Thursday March 13 2014
Bank Indonesia Leaves Monetary Policy on Hold  
Bank Indonesia decided on March 13th, 2014 to hold the benchmark interest rate steady at 7.5 percent for the fourth straight meeting, as pressures over the inflation rate and the rupiah have eased.
Thursday February 13 2014
Indonesia Holds Rates Steady in February  
At its February 13th, 2014 meeting, Bank Indonesia left its benchmark interest rate unchanged at 7.5 percent, as widely expected, as the country’s current account deficit had narrowed sharply in the last quarter of 2013. The lending and deposit facility rates were also left unchanged at 7.50 percent and 5.75 percent, respectively.
Wednesday February 05 2014
Indonesia GDP Accelerates in Q4 2013  
In the last quarter of 2013, Indonesian GDP advanced at a faster-than-expected 5.72 percent over a year earlier, up from 5.62 percent in the previous quarter and breaking a two-year trend of declining GDP.
Thursday January 09 2014
Bank Indonesia Leaves Rates on Hold in January  
In its January 9th meeting, Bank Indonesia decided to leave the benchmark interest rate unchanged at 7.5 percent, as widely expected. The lending and deposit facility rates were also left on hold at 7.50 percent and 5.75 percent, respectively.
Thursday December 12 2013
Indonesia Monetary Policy Unchanged in December  
At its December 12th meeting, Bank of Indonesia decided to leave the benchmark interest rate unchanged at 7.5 percent, its highest level since 2009. The Central Bank said its decision was consistent with efforts to lower the annual inflation rate to 3.5-5.5 percent in 2014.
Tuesday November 12 2013
Bank Indonesia Raises the BI Rate by 25 bps to 7.5%  
In its November 12th meeting, Bank Indonesia decided to raise the BI rate for the fifth time this year by 25 bps to 7.5 percent. The benchmark interest rate is now at its highest since 2009, as policy makers keep efforts to decrease the current account deficit that has weighed on the rupiah.
Wednesday November 06 2013
Indonesian GDP Growth Slows to 5.62% YoY in Q3  
In the third quarter of 2013, Indonesian economy expanded by an annual 5.62 percent, the lowest growth rate in nearly four years. A surge in government spending was not enough to offset a slowdown in investment, hurt by higher borrowing costs as the central bank rose the interest rate by 150 bps since June to curb inflation and a slide in the currency.
Tuesday October 08 2013
Bank Indonesia Keeps BI rate On Hold at 7.25%  
The Bank Indonesia decided on October 8th to leave the BI Rate unchanged at 7.25 percent after raising it by 150 bps this year.
Thursday September 12 2013
Bank Indonesia Raises the BI Rate to 7.25%  
Bank Indonesia decided on September 12th to raise the BI Rate for the fourth time this year by 25 bps to 7.25 percent and after having raised it by 50 bps later August. The central bank attempts to stabilize the rupiah, control the inflation rate and the current account.
Thursday August 29 2013
Bank Indonesia Raises Rates  
Bank Indonesia decided on August 29th to raise the BI Rate by 50 bps to 7 percent, in an attempt to stabilize the rupiah, amid high inflation and a stock market sell-off.
Thursday August 15 2013
Bank Indonesia Holds BI Rate at 6.5%  
Bank Indonesia decided on August 15th to hold the BI Rate steady at 6.5 percent and will strengthen its policy mix by optimizing an array of monetary and macroprudential instruments to curb inflation and maintain a more sustainable balance of payments, as well as financial system stability overall.
Friday August 02 2013
Indonesia GDP Slows to 5.81% YoY in Q2  
In the second quarter of 2013, Indonesian economy slowed for the fourth consecutive quarter to 5.81 percent yoy, down from 6.02 percent recorded in the first three months of 2013. The increase in government spending was not enough to offset slowing private consumption and investment.
Thursday July 11 2013
Bank Indonesia Raises the BI Rate to 6.5%  
Bank Indonesia decided on July 11th to raise the BI Rate by 50 bps to 6.5 percent and the Deposit Facility Rate by 50 bps to 4.75 percent, while the Lending Facility Rate remains at 6.75%. The policy mix intends to contain inflationary pressures, attain the exchange rate equilibrium and the stability of the financial system.
Thursday June 13 2013
Indonesia Raises the Benchmark Interest Rate to 6%  
The Bank Indonesia decided on June 13th to increase the key interest rate by 25 basis points to 6 percent in order to to boost confidence on depreciating Rupiah and head off a rise in inflation expected after cutting fuel subsidies.
Thursday August 15 2013
Indonesian Economy Looses Steam  
Since the third quarter of 2012 Indonesia's economic growth has been slowing down. While rising inflation and higher borrowing cost are hampering consumer spending, lower commodity prices and recently introduced export tax on raw minerals is hurting capital investment.
Tuesday May 14 2013
Indonesia Benchmark Interest Rate Unchanged at 5.75%  
In the Board of Governors' Meeting convened on May 14th, 2013, Bank Indonesia decided to hold the BI rate steady at 5.75 percent.
Monday June 03 2013
Indonesian Economy Seems To Be Loosing Momentum  
Recent updates for Indonesia show that a strong expansion might be at risk. Despite high growth rates reported in 2012, declining exports and a weakening private consumption might negatively impact the performance of the country in the next few months.
Monday May 06 2013
Indonesia´s GDP Expands 6.02% in Q1 2013  
In the first three months of 2013, the economy grew at its slowest pace in almost three years, hurt by slowing private consumption and physical investment, and a contraction in mining services.
Thursday April 11 2013
Indonesia Monetary Policy Unchanged in April  
In the Board of Governors' Meeting held on April 11th, 2013, the Bank Indonesia decided to hold the BI-Rate at 5.75%.
Thursday May 02 2013
Indonesia's Strong Growth May be at Risk  
Recent updates for Indonesia sent mixed signals. Despite strong expansion in 2012, declining exports and widening current account deficit are likely to have an impact on the performance of the country in the short run.
Thursday March 07 2013
Indonesia Monetary Policy Unchanged in March  
In the Board of Governors' Meeting held on March 7th, 2013, the Bank Indonesia decided to hold the BI-Rate at 5.75%
Tuesday February 05 2013
Indonesia’s GDP Growth Slows in the Fourth Quarter of 2012  
The Indonesian economy expanded 6.1 percent in the fourth quarter of 2012 over the previous year, slowing from the 6.16% increase in the third quarter.
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