Indonesia’s Inflation Reaches 20-Year Low: Experts Warn of Weakening Consumption

Indonesia’s Inflation Reaches 20-Year Low: Experts Warn of Weakening Consumption

Jakarta – The Central Statistics Agency (BPS) noted inflation 2023 is 2.61%. This figure is said to be the lowest in the last 20 years. Executive Director of the Institute for Development of Economics and Finance (Indef) Tauhid Ahmad said that the inflation rate was too low, indicating that consumption levels were weakening. “If we … Read more

Maluku and Papua’s Economic Growth Declines Due to Mining Activities Disruptions

Jakarta – The Central Statistics Agency (BPS) noted that Maluku and Papua’s economic growth has declined due to disruptions to mining activities in the region. BPS Deputy for Balance Sheet and Statistical Analysis Moh Edy Mahmud revealed that as of the first quarter of 2023 the growth of Maluku and Papua reached 1.95% on a … Read more

Indonesia’s Trade Balance Surges with Export Surplus in March 2023

Jakarta – The Central Statistics Agency (BPS) recorded that export performance in March 2023 was greater than imports. That means, Indonesia’s trade balance is experiencing a surplus again. Deputy for Methodology and Statistical Information at BPS Imam Machdi noted that the export value in March 2023 reached US$ 23.50 billion, down 11% compared to last … Read more

Papua’s Economy Grows 8.97 Percent in 2022, BPS: Driven by the Transportation and Export Sector

TEMPO.CO, Jakarta – Central Bureau of Statistics (BPS) The Papua Province stated that the regional economy would grow 8.97 percent in 2022 compared to 2021. This figure was driven by the start of the economic recovery from the impact of COVID-19. Head of BPS Papua Adriana Helena Carolina said from the production side, the largest … Read more

What is the danger from China to RI? This afternoon will be announced!

Jakarta, CNBC Indonesia – China is now in the spotlight of the world, including Indonesia. The deteriorating economy has had a negative impact on Indonesia, which is a major trading partner. This afternoon, at 11.00 WIB, the Central Bureau of Statistics (BPS) will announce the condition of Indonesia’s trade balance for November 2022. The worsening … Read more

In which age group are there more workers and what was the average?

The Social Security Bank (BPS) broke matching data on Monday unemployment insurance in October, disaggregating them by age rangesex, average amount and department. The number of workers on layoffs in October showed a reduction compared to the previous monthr, with the exit from the subsidy of almost 6 thousand workers. There were 42,591 registered across … Read more

RI Economic Growth Announced Tomorrow, Here’s the Prediction!

Jakarta, CNBC Indonesia – The Central Statistical Agency (BPS) will announce Indonesia’s gross domestic product (GDP) data tomorrow, Monday (7/11/2022), at 11:00 WIB. Indonesia’s economic growth in the third quarter of 2022 is expected to reach 5.60% (year over year / yy), higher than the second quarter of 2022 which reached 5.44%. ANNOUNCEMENT Scroll to … Read more

To the Moon! Indonesian Economy Grows 5.44%

Jakarta, CNBC Indonesia – The Central Statistics Agency (BPS) announced Indonesia’s economic growth data for the second quarter of 2022. The result is in line with expectations, the country’s economy is growing high. In the second quarter of 2022, Indonesia’s Gross Domestic Product (GDP) grew 3.72% compared to the previous quarter (quarter-to-quarter/qtq). So although in … Read more

What is an Economic Recession? This is the definition, causes, and examples

Jakarta – Recession is a term in economics that has been used frequently since the COVID-19 pandemic hit. The economic recession is something that many countries around the world fear, including Indonesia. In a CNN Indonesia report on July 15, 2022, there are several countries that are threatened with an economic recession, namely China, Japan, … Read more