Based on the results of monitoring conducted by BPS in 90 cities, (the country) recorded a deflation of 0.02 percent , with IHK (the consumer price index) declining to 108.24 in February from 108.26 in January, Jakarta (ANTARA) – Indonesia recorded a deflation of 0.02 percent in February 2022, fueled by a decline in the prices of several […]
Read More(Bloomberg) — Indonesia’s inflation came in weaker than expected in February as government subsidies helped cushion the blow of surging commodity prices on consumers. Consumer prices rose 2.06% year-on-year, below the median estimate of 2.2% in a Bloomberg survey of economists. Prices also shrank by 0.02% on a monthly basis as price caps on cooking […]
Read MoreTEMPO.CO, Jakarta – The central statistics agency, Statistics Indonesia or BPS, recorded a 12.15% monthly decline in foreign visits throughout the month of January. During the first month of 2022, only 143,800 people visited Indonesia from abroad. “But if we look at the year-on-year figures, there was a 13.62 percent increase from January 2021,” BPS deputy for distribution and statistical […]
Read MoreJAKARTA, Feb 24 (Reuters) – Indonesian energy company PT Pertamina Hulu Energi aims to boost its oil and gas output this year by 17% to 1.04 million barrels of oil equivalent per day, including output from overseas assets, its chief executive said on Thursday. The higher output is expected as a number of Pertamina’s projects […]
Read More[JAKARTA] Indonesia booked a US$2 billion budget surplus in January as tax revenues soared amid a stronger economic recovery from the pandemic and high commodity prices, its finance minister said on Tuesday (Feb 22). Sri Mulyani Indrawati said the surplus underscored Indonesia’s sound fiscal position and reaffirmed other economic indicators showing the recovery in South-east […]
Read More[JAKARTA] Indonesia’s central bank may start next year to sell the government bonds it bought as part of a US$58 billion debt monetisation that supported stimulus spending during the pandemic. “We will discuss the possibilities later but based on the information that we have now, it is likely that we will roll back our government […]
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