Institute for Research on Economics and Society – Faculty of Economics and Business – University of Indonesia

trade war

BI Board of Governors Meeting, April 2025 – Macroeconomic Analysis Series

Indonesia recorded its first positive headline inflation in 2025 in March. Recorded at 1,03% (yoy), headline inflation increased from -0,09% (yoy) in the previous month. The return of inflation to positive territory largely reflects the end of the 50% electricity tariff discount that took place from January to February 2025. Inflation is expected to increase slowly as various […]

Indonesian MSMEs

MSME Resilience in the Face of COVID-19 and Beyond: A Meta-Analysis of Factors that Influence MSME Resilience

Author: Admiral Athallah Darmawan, Jahen Fachrul Rezki Executive Summary This study investigates the resilience of Micro, Small, and Medium Enterprises (MSMEs) during the COVID-19 pandemic by analyzing firm characteristics and entrepreneurial competencies. Utilizing a meta-analysis approach, 60 literature studies and 425 empirical estimates were examined. The findings reveal that entrepreneurial competence, encompassing entrepreneurial orientation, networking […]

April inflation

Monthly Inflation, April 2025 : Macroeconomic Analysis Series

Year-on-year (YoY) inflation in March 2025 was reported at 1,03% or lower compared to annual inflation in March 2024 which reached 3,05%. Furthermore, this month's inflation value was also higher than the previous month, February 2025 which reached -0,09%. The decrease in YoY inflation in March 2025 compared to February 2025 was driven by a decrease in prices in […]

US trade war

Potential Impact of US Trade War and Implications for Indonesia

President Donald Trump announced reciprocal tariffs from the United States (US) to 180 countries and territories in the world, Indonesia is no exception. How will the impact on the world economy be after the determination of this second tariff war? What opportunities and policy options are still available for Indonesia? Trade and Industry Brief Vol VIII No 2 April 1 discusses this. […]

women job vacancies

Understanding Women’s Participation and Employment in Indonesia – Labor Market Brief, March 2025

Women’s participation in the labor market is no longer a side issue, but rather the core of inclusive economic development. Although women’s participation has increased slowly over the past decade, the gender gap in Indonesia’s labor market remains quite high, with women’s participation far below men’s on average. The 2023 Sakernas data revealed that Indonesian women face various structural challenges such as limited […]

March interest rate

BI Board of Governors Meeting, March 2025 – Macroeconomic Analysis Series

Indonesia experienced deflation of 0,09% (yoy) in February 2025, below Bank Indonesia’s target range of 1,5%-3,5%, mainly due to electricity tariff adjustments. Core inflation remained stable, indicating that the decline was not driven by weakening demand. Inflationary pressures are expected to increase in the coming months as demand increases during the fasting month and the end of subsidies […]

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