OctaFX | OctaFX Forex Broker
Open trading account
Back

Indonesia: Inflation is not a concern – ANZ

Indonesia’s headline inflation remains within the central bank’s target band. Inflation has really become a background issue, thereby allowing monetary policy to support growth, economists at ANZ Bank apprise. 

Key quotes

“Indonesia’s March headline inflation remains comfortably within the central bank’s 2-4% target band, at 2.96%.”

“On a sequential basis, headline CPI moderated 0.1% m/m in March from 0.28% in February.”

“The government has scaled back its 2020 GDP growth forecast by 300bps to 2.3%.”

“A 25bp reduction in the policy rate later this month is a certainty, in our view.”

 

European Monetary Union Unemployment Rate came in at 7.3% below forecasts (7.4%) in February

European Monetary Union Unemployment Rate came in at 7.3% below forecasts (7.4%) in February
Read more Previous

Germany pledges EUR2 billion to help start-ups through coronavirus crisis - Reuters

In a joint statement with Germany’s Economy Minister Peter Altmaier, Finance Minister Olaf Scholz said that the government is committing allocating EU
Read more Next
Start livechat