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

MACROECONOMIC ANALYSIS SERIES: Bank Indonesia Board of Governors Meeting, April 2019

In the midst of slowing global economic growth, domestic economic performance was recorded as quite good. The inflation rate is too low, falling below the lower limit of the BI corridor, namely 2,5%. After depreciating slightly in early March, the Rupiah was relatively stable at around IDR 14.000. Positive investor sentiment due to signs of above-expected Chinese manufacturing growth and improving sentiment about the US-China trade war contributed to sustained portfolio inflows in emerging economies.

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