central bank indonesias inflation in june seen at 0304
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

central bank: Indonesia's inflation in June seen at 0.3-0.4%

Arab Today, arab today

Arab Today, arab today central bank: Indonesia's inflation in June seen at 0.3-0.4%

The headquarters of Bank Indonesia
Jakarta - XINHUA

Indonesia's consumer price index in June was forecast at 0.3 to 0.4 percent, rising from 0.16 percent in May, Mirza Adityaswara, senior deputy governor of the central bank, disclosed here on Friday.
But the June figure remained below the month's average of seasonal figure of 0.56 percent, he said.
Muslims in Indonesia, the world biggest Muslim country, are to start performing fasting on June 28, and the demand for foods commonly soars before the Islamic holy month of Ramadan.
Most of Indonesia's 238 million population are Muslims.
"Our forecast (inflation) in June is between 0.3 percent to a little bit below 0.4 percent. It means that the inflation in June is good," the deputy governor said at the central bank headquarters.
The banker revealed that the June inflation forecast is still in line with the central bank's inflation target of 4.5 to 5.5 percent at year end.
That may lead the central bank to keep its benchmark interest rate unchanged at 7.5 percent and its tight monetary policy this year.
The tight policy aims at guarding the Southeast Asia's largest economy from possible risks of the global economy amid efforts to narrow the current account gap, Agus Martowardojo, governor of the bank has said.
The bank has aggressively raised its benchmark interest rate by 1.75 percentage points to 7.50 percent from last June to November, which has been successful in putting Indonesia on a right course to fare better among the emerging economies battered by capital outflows.
The Indonesia economy is forecast to expand by 5.5 percent this year after chalking up a 5.78 percent growth last year.
The national statistics bureau is to announce the inflation figure on Tuesday.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

central bank indonesias inflation in june seen at 0304 central bank indonesias inflation in june seen at 0304

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

central bank indonesias inflation in june seen at 0304 central bank indonesias inflation in june seen at 0304

 



GMT 10:06 2012 Saturday ,28 July

Querrey advances at ATP LA Open

GMT 21:15 2017 Thursday ,01 June

Trump condemns deadly Kabul explosion

GMT 02:15 2017 Thursday ,24 August

Is your country on the Qatar free entry list of 80?

GMT 19:48 2016 Monday ,03 October

Controversial boxing champ Tyson Fury retires

GMT 08:20 2015 Tuesday ,08 December

PC market woes show no sign of easing

GMT 17:27 2017 Tuesday ,25 April

20 Yemeni soldiers killed, injured in explosion

GMT 11:52 2017 Saturday ,30 December

OIC condemns Mar Mina Church attack

GMT 00:03 2017 Saturday ,25 March

Arab Meeting to Examine Anti-Corruption Methods

GMT 13:12 2017 Thursday ,20 April

Deputy premier meets Arab League chief

GMT 14:13 2014 Friday ,10 January

Opel Astra GTC

GMT 18:27 2016 Tuesday ,02 August

Turkish Foreign Minister arrives in Islamabad

GMT 11:27 2016 Tuesday ,13 December

Saudi woman arrested for challenging social norms
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday