Indonesia: Indonesia’s Purchasing Power Weaker? See Cash Outflow & Inflation Mon, 04 July 2016 – Whereas Indonesia’s inflation pace usually accelerates markedly ahead of the Idul Fitri due to rising consumer spending, the relatively moderate inflation in June (0.66 percent m/m) can be taken as a sign that Indonesia’s purchasing power is still rather weak. […]
Read MoreIndonesia: Consumer Price Index Indonesia Update: 3.45% y/y Inflation in June Fri, 01 July 2016 – Inflation in Indonesia accelerated slightly more than expected last month. According to the latest data from Statistics Indonesia (BPS), inflation reached 3.45 percent (y/y) in June 2016, up from 3.33 percent (y/y) in the preceding month. Initially, Indonesia’s monthly […]
Read MoreJCI Opens with 0.20% Gain TUESDAY, 21 JUNE 2016 – The Jakarta Composite Index (JCI) opened this morning, June 21, with a 0.2 percent gain (9.91 bps) at 4,873.44. Yesterday, the index also closed strong with a gain of 0.5 percent to 4.863,53. NH Korindo Securities chief researcher Reza Priyambada said global indexes bounced back […]
Read MoreIndonesia’s Foreign Debt Grew 6.3% y/y to $319 Billion in April 2016 TUESDAY, 21 JUNE 2016 – The central bank of Indonesia stated that Indonesia’s foreign debt grew 6.3 percent (y/y) to USD $319.0 billion in April 2016. Foreign debt of Southeast Asia’s largest economy in April consists of private sector external debt (USD $165.2 […]
Read MoreGovt to cut diesel subsidy on July 1, consumer price unchanged TUESDAY, 21 JUNE 2016 – The government will cut its diesel fuel subsidy allocation from Rp 1,000 ( US$0.075 ) to Rp 500 per liter on July 1. The new Rp 43.7 trillion represents a 31.4 percent allocation decrease. Energy and Mineral Resources (ESDM) […]
Read MoreRupiah Unaffected by Brexit, BI Says TUESDAY, 21 JUNE, 2016 – Bank Indonesia Governor Agus Martowardojo said that the Great Britain’s decision to remain or leave the European Union (Brexit) does not have a significant effect towards the Rupiah exchange rate. Agus said that during the opening of today’s trading session, Rupiah was traded at […]
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