*Bank Indonesia (BI) projects inflation in 2018 to 3.5% +/- 1. In order to achieve this projection, the central bank will see a number of the supporting factors in 2017. BI Governor Agus Martowardojo said inflation control team noticed there are some things that need to be followed up in 2017, among others related to lack of flying to some of the areas that make the air freight cost increases. One such decision is the electricity tariff adjustment plan implemented in 2017. He estimate that electricity could be adjusted later no impact on inflation from 0.8 to 1.1 percent in 2017. BI will conduct a roundtable policy dialogue with relevant government inflation rate in 2017. This event is important because there are a number of ruling in 2016 that affect the impact of inflation in 2017.
*During January to September, Bank Indonesia noted that foreign funds into Indonesia Rp151 trillion. The funds go into various investment instruments such as Government Securities and in capital markets.
*Coordinating Minister for Economic Affairs Darmin Nasution said that the government ready to issue two to three economic policy package again until the end of this year.
*For the first time, Asian stock markets fell within six today on Friday (23/9). Referring to Bloomberg, MSCI Asia Pacific Index fell 0.2% to 142.00 at 16:10 Hong Kong time, to stop the rise in five days.
*Meeting of Saudi Arabia and Iran in Vienna weighed on oil prices. This meeting in order to discuss measures to stabilize the market. Referring to Bloomberg, West Texas Intermediate (WTI) for November delivery fell as much as 56 cents to US $ 45.76 per barrel on the New York Mercantile Exchange and was at US $ 45.81 at 13:33 noon in Hong Kong.
Sources : Mandiri Sekuritas