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Indonesia Central Bank Resumes Monetary Easing

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.
RTTNews | 19 дней спустя
Bank Indonesia Holds Interest Rate Steady At 5.5% As Expected; Hints At Reduction

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.
RTTNews | 47 дней спустя
Indonesia GDP Expands 5% In 2024

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.
RTTNews | 180 дней спустя
Indonesia Manufacturing PMI Climbs To 49.6 - S&P Global

Indonesia Manufacturing PMI Climbs To 49.6 - S&P Global

The manufacturing sector in Indonesia continued to contract in November, albeit at a slower pace, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 49.6.
RTTNews | 245 дней спустя
Indonesia GDP Growth Slows Marginally

Indonesia GDP Growth Slows Marginally

Indonesia's economic growth softened in the third quarter on slowing household consumption, official data revealed on Tuesday. Gross domestic product posted an annual growth of 4.95 percent in the third quarter, slightly weaker than the 5.05 percent expansion seen in the preceding period, Statistics Indonesia said. GDP was forecast to grow 5.0 percent.
RTTNews | 272 дней спустя