The inflation figure experienced a slight jump to 3,32% (yoy), higher than 3,23% in the same month last year. This partly reflects improved public demand throughout the month of Ramadan and welcoming Eid al-Fitr celebrations. Meanwhile, investment has not shown significant changes even after the end of the election. The downward trend in commodity prices will still weigh on economic growth in the first half of 2019. A current account deficit in the second quarter of 2019 is inevitable and efforts to hold the deficit below 3% of GDP in 2019 are still quite difficult.

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