Macroeconomic Report | Economic Pressure Holds BI 7-DRRR
Bank Indonesia continued to maintain BI 7-Days Reverse Repo Rate (BI 7-DRRR) benchmark rate at 3.50%. Economic pressure
Bank Indonesia continued to maintain BI 7-Days Reverse Repo Rate (BI 7-DRRR) benchmark rate at 3.50%. Economic pressure
Survey results from The Economist, Nikkei Asia, and Bloomberg show that Indonesia is in the category of relatively slow
Indonesia Statistics (BPS) recorded the Consumer Price Index (CPI) for July 2021 to experience an inflation of 0.08%
Amidst ongoing economy recovery in the US, the Federal Reserve holds Fed Fund Rate (FFR) at around 0%-0.25%. Previously,
Bank Indonesia (BI) maintains the BI Seven Day Reserve Repo Rate (BI 7-DRRR) interest rate at 3.50% in July 2020.
Last week, Statistics Indonesia (BPS) recorded June’s trade balance surplus at USD 1.32 billion. This is lower than the
Statistics Indonesia (BPS) recorded the Consumer Price Index (CPI) for the June 2021 period to experience deflation of
Indonesia’s retail sales performance increased in April 2021, reflected in the Real Sales Index (RSI) from Bank
IHS Markit released the data on the Indonesian Manufacturing Purchasing Managers' Index (PMI) for the May 2021 period,