The national accounts data released today suggest that economic growth in Indonesia remained broadly stable last quarter, but we don’t have much faith in the official data. With economic activity likely to remain weak and concerns about inflation and the currency set to recede in the coming quarters, we expect Bank Indonesia to kickstart its monetary easing cycle in October.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.