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

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

July's inflation rate was stable at 3.32%, still within Bank Indonesia's target range. Core inflation fell from 3.25% to 3.18%. The decline in core inflation was mainly influenced by reduced general inflation volatility due to seasonal patterns; not a reflection of aggregate demand. In the midst of increasing global uncertainty, low and controlled domestic inflation provides room for BI to continue easing which has started in June. In the real sector, weak export and investment performance has become the biggest challenge to GDP performance this year. GDP in Quarter-II 2019 showed a growth rate of 5,05% (yoy), after a growth rate of 5,07% (yoy) in Quarter-I.

Latest Publications

Reading the Desperate Signals in Indonesia's Job Market – Labor Market Brief, November 2025

November 28, 2025

LPEM Wins Best Special Work Unit Performance for Financial Reporting

November 25, 2025

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

November 18, 2025

Indonesia-Canada Comprehensive Economic Partnership Agreement – ​​Opportunities and Challenges

November 11, 2025

Related Publications

Reading the Desperate Signals in Indonesia's Job Market – Labor Market Brief, November 2025

best work unit

LPEM Wins Best Special Work Unit Performance for Financial Reporting

november interest rate

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

Positive SSL Wildcard