Year-on-year (YoY) inflation in February 2025 was reported at -0,09% or lower compared to annual inflation in February 2024 which reached 2,75%. Furthermore, this month's inflation rate was also lower than the previous month, January 2025 which was 0,76%. The decrease in YoY inflation in February 2025 compared to January 2025 was driven by a decrease in prices in...Read more
Indonesia enters 2025 with a weakening economy. Declining purchasing power, a shrinking middle class, and a prolonged decline in sectoral productivity provide clear signals of significant structural problems, as reflected in economic growth figures throughout 2024. Q2024 2024 is the only quarter in XNUMX that does not have a seasonal factor...Read more
The opening of the year in January 2025 was greeted by an inflation rate of 0,76%. This figure is lower than January 2024 at 2,57%. The inflation that occurred in January 2025 on a year-on-year (YoY) basis was driven by price increases in several expenditure groups such as price increases in the personal care group and other types with a rate of 7,27%, food group,...Read more
The rupiah remained under pressure throughout last month, especially due to the revised expectation that the Fed will cut interest rates only twice in 2025, compared to the previous projection of four rate cuts. The adjustment reflects still-high inflation in the US and the potential inflationary impact of policies that may be taken by the former...Read more
Thursday, September 5, 2024 was a dark day for most people, especially for those who knew and were close to Faisal H. Basri. That morning, the sad news came. Bang Faisal - that's what most of us call him - left us all. Indonesia lost one of its best sons. Bang Faisal, was an honest figure and voice, That was the impression conveyed...Read more
Ensuring national prosperity requires a shift in thinking from the short term to the long term. This shift must be supported by the right tools to allow policy-makers to make decisions that benefit future generations as much as the current ones. For decades, policy making has focused on growth in gross domestic product (GDP). Yet...Read more
October 2024 marked a decline in headline inflation to 1,71% (yoy) from 1,84% (yoy) in the previous month. Headline inflation in October 2024 reached its lowest point since November 2021 and was relatively within Bank Indonesia's inflation target of 1,5% to 3,5%. The decline in inflation was driven by the regulated price group and the volatile price group. Core inflation slightly...Read more