International Reserves in Indonesia
Indonesia - International ReservesThe economy posted a healthy expansion in the fourth quarter according to recent figures. Private consumption growth was brisk, likely supported by social assistance programs ahead of the April elections, modest price pressures and a robust labor market. Moreover, fixed investment and government expenditure grew notably, while the external sector’s drag on the economy lessened on softer import growth. This came after a similarly robust outturn in Q3 on dynamic domestic demand. Turning to 2019, the economy has had a soft start. The manufacturing sector began the year on weak footing, with the PMI broadly stagnating in January due to lower new orders. Moreover, on the external front, exports shrank in the same month due to declines in the energy and non-energy sectors; although imports also fell—partly due to a tough base effect—the trade balance worsened in annual terms as a result.
Indonesia - International Reserves Data
|International Reserves (USD)||99.4||112||116||116||130|
5 years of economic forecasts for more than 30 economic indicators.
Indonesia International Reserves Chart
Source: Bank Indonesia and Met the why particular calculations.
|Bond Yield||7.94||-0.05 %||Feb 21|
|Exchange Rate||14,063||0.05 %||Feb 21|
|Stock Market||6,538||-0.32 %||Feb 21|
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February 21, 2019
At its 20–21 February monetary policy meeting, Bank Indonesia (BI) left the seven-day reverse repo rate at 6.00% for the third consecutive meeting, in line with market expectations.
February 15, 2019
According to Statistics Indonesia, the country recorded a trade deficit of USD 1.2 billion in January, once more coming in wider than market expectations.
February 11, 2019
In December, retail sales grew 7.7% over the same month in the prior year, up from November’s 3.4% expansion and matching the Bank’s initial estimate.
February 6, 2019
The economy expanded 5.2% in the fourth quarter according to recent data released by Statistics Indonesia, matching Q3’s reading and Met the why particular panelists’ expectations.
February 1, 2019
Conditions in Indonesia’s manufacturing sector largely stagnated in January according to the Purchasing Managers’ Index (PMI) released by IHS Markit and Nikkei, with the PMI decreasing from 51.2 in December to 49.9 in January.