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The latest Consumer Survey performed by Bank Indonesia in
November 2021 indicated stronger consumer confidence in economic conditions,
with the Consumer Confidence Index (CCI) rising to 118.5 from 113.4 in October
2021. A higher CCI was confirmed
Indonesia’s official reserve assets stood at USD145.9 billion as end-of November
2021, increased from USD145.5 billion as end-of October 2021. The position of official reserve assets was equivalent to
finance 8.3 months of import
As a measure of liquidity in the
economy, broad money (M2) growth accelerated faster in October 2021. Totalling Rp7,490.7 trillion, M2 growth
accelerated to 10.4% (yoy) in the reporting period from 8.2% (yoy) one month
No.23/312/DKom Bank Indonesia projects national economic growth in Indonesia in 2022 in the 4.7-5.5% range, up from 3.2-4.0% in 2021, driven by ongoing global economic improvements that are driving solid export performance, coupled with growing domestic
Fitch Ratings (Fitch) has affirmed Indonesia's Sovereign Credit Rating at BBB with a stable outlook, as announced on November 22, 2021. According to Fitch, key factors that support the affirmation are Indonesia's favorable medium-term growth outlook and
The latest Supply and Demand Financing Survey indicated growing corporate
demand for financing in October 2021 compared with conditions one month
earlier, as confirmed by a bump in the corresponding weighted net balance (WNB)
No. 23/ 305 /DKomIndonesia's Balance of Payment (BOP) in the Q3/2021 recorded a surplus, thus reinforcing external resilience. The BOP surplus stood at USD10.7 billion in Q3/2021, after experiencing a deficit of USD0.4 billion in the previous quarter. S