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Indonesian Monetary Policy Second Quarter 2010

Thursday, August 5, 20100 komentar

Indonesian Monetary Policy Second Quarter 2010 : The Indonesian economy in second quarter-2010 indicates that economic empowerment continues. The optimism is supported by investment and export performance that grows higher, in line with the global economic recovery. Economic conditions are increasingly converting the optimistic atmosphere that supports the economic prospects are better than the original estimate.

The Indonesian economy in 2010 is expected to grow toward the upper limit of the range 5.5% -6.0% and in 2011 reached 6.0% -6.5%. In terms of prices, inflationary pressures during the second quarter-2010 shows an increase due to the volatile food groups, namely from a variety of spices and rice. Meanwhile, a group of administered prices and core inflation menimal contribute to the development of prices during the second quarter-2010. Thus, overall the year, CPI inflation in 2010 will remain on the inflation target range of 5% ± 1%. Read More ...
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