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Indonesia’s Car Sales Only Grew Single Digit in October

JAKARTA (TheInsiderStories) - The Association of Indonesian Automotive Industry (GAIKINDO) reported car sales (from factories to dealers) as of October 2020, only rose 1...

Indonesia’s Retail Sales, Consumer Confidence Index Still Weak

JAKARTA (TheInsiderStories) - Indonesia' retail sales index still contraction in September after occurred since June 2020, the central bank reported today. The Consumer Confidence Index also...

Indocement Sees Indonesia’s Cement Sales Grow 5% in 2021

JAKARTA (TheInsiderStories) - Publicly listed firm, PT Indocement Tunggal Prakarsa Tbk (IDX: INTP), sees the national cement industry able to grow 5 percent in 2021 from...

Indonesia Posts an Inflation 0.07% in October

JAKARTA (TheInsiderStories) - After experienced a deflation for three consecutive months, Statistic Indonesia reported, in October there was an inflation of 0.07 percent with the...

Indonesia Records Deflation for Three Consecutive Months

JAKARTA (TheInsiderStories) - Indonesia experienced a deflation for three consecutive months, after posted another deflation at 0.05 percent in September, statistic bureau reported on Thursday....

Bank Mandiri: Indonesia’s Economy to Contracts 2% in 2020

JAKARTA (TheInsiderStories) - The economist from PT Bank Mandiri Tbk, Andry Asmoro, sees that Indonesian economic growth will be contractions around 1 to 2 percent of...

Indonesia’s Retail Sales Index Still Contractions 12.3% in July

JAKARTA (TheInsiderStories) - Bank Indonesia (BI) reported the country' retail sales index have continued to improve even though they are still in a contraction phase. This...

BI Relaxes the Down Payment of Motor Vehicles to Zero Percent

JAKARTA (TheInsiderStories) - To help the low of purchasing power and the consumer loans market, Bank Indonesia (BI) decided to lower the down payment limit for...

Indonesian Govt Pushes Spending to Boost the Economy

JAKARTA (TheInsiderStories) - After experiencing a contraction in the second quarter of 2020, Indonesian government will take an extraordinary steps to boost the economy...

Indonesia Posts Deflation 0.10% in July

JAKARTA (TheInsiderStories) - Statistics bureau reported Indonesia posted a deflation 0.10 percent in July 2020 with the Consumer Price Index (CPI) of 104.95. The country...

Indocement Sees Indonesia’s Cement Sales to Contract by 7%

JAKARTA (TheInsiderStories) - The Salim Group' cement producer, PT Indocement Tunggal Prakarsa Tbk (IDX: INTP) estimates that national cement sales will contract 7 percent...

Indonesia Posts an Inflation 0.18% in June

JAKARTA (TheInsiderStories) - Statistic Indonesia reported the inflation rate at 0.18 percent and the Consumer Price Index (CPI) of 105.06 in June pushed by and transportation prices,...

Is a W-shaped Recession in Our Future?

JAKARTA (TheInsiderStories) - All 50 states have begun to lift COVID-19-related restrictions and incoming data are suggesting that economic activity is beginning to pick up, even...

Bank Indonesia: Retail Sales Contraction 16.9% in April

JAKARTA (TheInsiderStories) - Bank Indonesia reported the Retail Sales Survey dropped to a deeper contraction in April by 16.9 percent compared to last year. In...

Indonesia’s Retail Sales Drops Sharply to -4.5% in March

JAKARTA (TheInsiderStories) - Bank Indonesia (BI) reported retail sales index dropped sharply by -4.5 percent in March from previous month contracted 0.8 percent. The drop was the deepest...

Indonesia Consumer Confidence Index Falls to 84.4 in April

JAKARTA (TheInsiderStories) - Indonesia Consumer Confidence Index (CCI) fell to 84.4 in April amid the COVID-19 pandemic, the central bank reported today (05/06). Its the lowest...

Warjiyo Sees Indonesian Inflation 0.13% in April

JAKARTA (TheInsiderStories) - Governor of Bank Indonesia (BI), Perry Warjiyo, sees the inflation in April lowers than previous month caused the deflationary in some commodities. In...

Indonesia Retail Sales Declines in January, says BI

JAKARTA (TheInsiderStories) – Bank Indonesia (BI) reported the retail sales index (RSI) in January are predicted to decline inline with seasonal patterns at the beginning of...

South Korea’s GDP growth in Q3 2019 moderates to 0.4% q/q

JAKARTA (TheInsiderStories) - South Korea’ GDP growth rate moderated to a pace of 0.4 percent in third quarter (Q3) of 2019, according to the Advance Estimate...

Indonesia’s Consumer Confidence Index Declines In February

JAKARTA (TheInsiderStories) – Indonesia' Consumer Confidence Index (CCI) in February 2019 was recorded at 125.1, down from the index in the previous month which...

Japan’s Downside Revision to Q3 Real GDP May Indicate Slower Growth...

Jakarta (TheInsiderStories) - Japan’s real GDP growth in the third quarter (Q3) was revised down to a contraction of 0.6 percent quarter to quarter (q/q,...

Boosting Consumer Confidence as Consumption Stalls

JAKARTA (TheInsiderStories) - Indonesia posted impressive performance in investment last year after a number of efforts to repeal regulations and streamline business procedures, as...