- Indonesia's economy in 2022 will grow by 5.31 percent, higher than the achievements in 2021 which will experience growth of 3.70 percent. The Central Bureau of Statistics released Indonesia's trade balance in December 2022 again recording a surplus, namely 3.89 billion US dollars.
- Based on BPS data, CPI inflation in January 2023 was recorded at 0.34% (mtm), lower than inflation in the previous month of 0.66% (mtm). Annual CPI inflation was recorded at 5.28 % (yoy), lower than inflation in the previous month which reached 5.51% (yoy).
- The Central Statistics Agency released, Indonesia's trade balance in December 2022 again recorded a surplus, namely 3.89 billion US dollars.
- The Bank Indonesia Board of Governors' Meeting (RDG) on 18-19 January 2023 decided to increase the BI7Day Reverse Repo Rate (BI7DRR) by 25 bps to 5.75%, the Deposit Facility rate by 25 bps to 5.00%, and Lending Facility interest rate by 25 bps to 6.50%.
Monthly Economic & Market Outlook
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