Indonesia Manufacturing Sector Slips Into Contraction - S&P Global

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 | 13 ngày trước

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.

RTTNews | 29 ngày trước

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 | 41 ngày trước

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.

RTTNews | 58 ngày trước

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 | 175 ngày trước