Berita Forex - IDR

Indonesia GDP Growth Fastest In 2 Years

Indonesia's economic growth accelerated the most in two years in the second quarter driven by household spending and investment, official data showed Tuesday. Gross domestic product expanded 5.12 percent year-on-year in the second quarter, following an annual growth of 4.87 percent seen in the first quarter. The latest expansion was the fastest since the second quarter of 2023.

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Indonesia Central Bank Resumes Monetary Easing

Indonesia's central bank reduced its benchmark interest rate for the third time this year on Wednesday, to support economic growth amid slowing inflation and continued stability in the rupiah exchange rate. The Bank Indonesia board, led by Governor Perry Warjiyo, decided to reduce the BI rate by 25 basis points to 5.25 percent.

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Indonesia Manufacturing Sector Contracts Further In June - S&P Global

The manufacturing sector in Indonesia continued to contract in June, and at a faster pace, the latest survey from S&P Global showed on Tuesday with a manufacturing PMI score of 46.9.

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Bank Indonesia Holds Interest Rate Steady At 5.5% As Expected; Hints At Reduction

Indonesia's central bank left its benchmark interest rate unchanged on Wednesday after a quarter-point reduction in May and hinted at further reduction to support economic growth. The Bank Indonesia Board, led by Governor Perry Warjiyo, maintained the BI rate at 5.50 percent. The bank had reduced the rates twice this year, in May and January.

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Indonesia Manufacturing PMI Improves In May - S&P Global

The manufacturing sector in Indonesia continued to contract in May, albeit at a slower pace, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 47.4.

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Indonesia Manufacturing Sector Slips Into Contraction - S&P Global

The manufacturing sector in Indonesia fell into contraction territory in April, the latest survey from S&P Global revealed on Friday with a manufacturing PMI score of 46.7.

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Indonesia GDP Expands 5% In 2024

Indonesia's economy expanded almost at a steady pace in 2024 but far behind President Prabowo Subianto's ambitious goal of 8 percent, official data revealed Wednesday. In 2024, Southeast Asia's largest economy advanced 5.03 percent, slightly slower than the 5.05 percent growth in 2023, Statistics Indonesia reported.

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