- Based on data from the Central Statistics Agency (BPS), Consumer Price Index (CPI) inflation in October 2023 was recorded at 0.17% (mtm), bringing it to 2.56% (yoy) on an annual basis.
- Based on data from the Central Statistics Agency (BPS), Indonesia's trade balance surplus continued in September 2023 at 3.42 billion US dollars, higher than the surplus in August 2023 of 3.12 billion US dollars.
- The Meeting of the Board of Governors (RDG) of Bank Indonesia on 18-19 October 2023 decided to increase the BI 7- Day Reverse Repo Rate (BI7DRR) by 25 bps to 6.00%, the Deposit Facility interest rate by 25 bps to 5.25% , and the Lending Facility interest rate by 25 bps to 6.75%
Monthly Economic & Market Outlook
Disclaimer :This document is for informational purposes only and obtained from a variety of reliable sources, but is not a guarantee the accuracy or completeness and should not be relied on completely. The above conditions may be changed at any time. Forbidden to rewrite anything without written permission from The East Java Regional Development Bank.