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Indonesia Consumers Turn Pessimistic In July, Confidence At 10-Month Low

Indonesia consumer confidence fell to a 10-month low in July as the latest outbreak of COVID-19 and mobility restrictions imposed by the government cast...

Bank Indonesia: Sharia Growth Overtakes National Economic Growth

The growth rates of the sharia economy in 2020 and early 2021 have been better than those of the national economy, Bank Indonesia (BI) has said. "In...

Indonesia Central Bank Slashes 2021 GDP Outlook To 3.8%

Indonesia's central bank has cut its forecast for 2021 economic growth to 3.8% based on early assessment of the impact of recent coronavirus restrictions,...

Bank Indonesia Left Rates Unchanged In May

Bank Indonesia (BI) left its benchmark rate unchanged at 3.50% at its May 2021 monetary policy meeting (MPC). Consequently, Bank Indonesia maintained the Deposit Facility...

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