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November 2018
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November 2018

23 Nov [Premium] Country Updates: 10 – 23 November 2018

by SIIA

Indonesia Surprise Rate Hike by Bank Indonesia due to Widening Current Account Deficit (15 Nov) Indonesia’s central bank surprised observers with its sixth rate hike in 2018, bringing its benchmark rate to 6%. Bank Indonesia Governor Perry Warjiyo explained that the hike was aimed at reducing the...

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09 Nov [Premium] Country Updates: 27 October to 9 November 2018

by SIIA

Indonesia GDP Growth – Better than Expected in the Third Quarter, but Dark Clouds Ahead Indonesia’s economy experienced 5.17% year-on-year growth in the third quarter, according to Statistics Indonesia. This is above estimates by agencies such as Reuters. However, economists foresee the growth rate weakening further due...

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