Country / Indonesia


Group Research / April 01, 2019

Photo Credit - AFP

GDP growth, % YoY5.
CPI inflation, % YoY3.
Exchange rates, end of period14,12614,50014,40014,30014,200
Policy interest rates, end of period6.005.755.755.755.50
/aics/[Akamai-Origin-Hop] = [2] [Accept] = [text/html,application/xhtml+xml,application/xml;q=0.9,*/*;q=0.8] [User-Agent] = [CCBot/2.0 (] [Connection] = [close] [X-Forwarded-Host] = [] [Host] = [] [Accept-Encoding] = [gzip] [True-Client-IP] = [] [Akamai-Origin-Request] = [1] [Via] = [1.1 (AkamaiGHost), 1.1 (AkamaiGHost)] [X-Akamai-CONFIG-LOG-DETAIL] = [true] [Cache-Control] = [max-age=21600] [X-Forwarded-For] = [,,] [Accept-Language] = [en-US,en;q=0.5] [X-Forwarded-Server] = [] templatedata/article/region/data/en/AIO/012016/19012016_indonesia.xml.xmlaics/regionIndonesiaIndonesia Industry InsightsInsightsIndustryView AllRead Morenotaligned47Normalisation of revenue growth for Indonesian poultry firms as chances of price hikes in FY19F remain remote.IndonesiaConsumer/iwov-resources/aics/images/AICS/AIO/en/072019/190723_insights_thumb_indonesia_poultry.jpg/aics/templatedata/article/generic/data/en/GR/072019/190723_insights_indonesia_poultry.xmlIndonesia Poultry: Potential overhang arising from WTO import rulingJuly 23, 2019Banks with higher proportion of time deposits and higher portion of fixed rate loans should benefit from Bank Indonesia rate cut. Our top picks are BBRI and BMRI.IndonesiaFinancials/iwov-resources/aics/images/AICS/AIO/en/072019/190719_insights_thumb_indonesian_banking.jpg/aics/templatedata/article/generic/data/en/GR/072019/190719_insights_indonesian_banking.xmlIndonesia Banking Sector: Tailwinds from rate cutJuly 19, 2019Indonesian government’s proactive stance in managing supply through its recent culling programme should reduce fluctuations and stabilise broiler prices.IndonesiaConsumer/iwov-resources/aics/images/AICS/AIO/en/072019/190715_insights_thumb_indonesian_poultry.jpg/aics/templatedata/article/generic/data/en/GR/072019/190715_insights_indonesian_poultry.xmlIndonesia Poultry: The dust has yet to settleJuly 15, 2019Indonesia Economics InsightsInsightsEconomicsView AllRead Morenotaligned19Indonesia recorded a stable growth of 5% in 2Q19, contrary to the downward growth trend elsewhere. Fiscal lever could sustain growth momentum at its potential at 5.0%.IndonesiaGrowth, Rates/iwov-resources/aics/images/AICS/AIO/en/082019/190816_insights_thumb_Indonesia_Surfacing_economic_weakness.jpg/aics/templatedata/article/generic/data/en/GR/082019/190816_insights_Indonesia_Surfacing_economic_weakness.xmlIndonesia: Surfacing economic weaknessAugust 16, 2019March trade balance recorded a surplus, marking two consecutive months of surplus.IndonesiaGDP/iwov-resources/aics/images/AICS/AIO/en/042019/190418_insights_thumb_pressure_eases_on_indonesias_trade_balance.jpg/aics/templatedata/article/generic/data/en/GR/042019/190418_insights_pressure_eases_on_Indonesias_trade_balance.xmlPressure eases on Indonesia’s trade balanceApril 18, 2019The Indonesian second presidential debate on energy, food, and infrastructure was held on 17 Feb 2019.IndonesiaGDP/iwov-resources/aics/images/AICS/AIO/en/022019/190220_insights_image_Indonesia_election_watch_food_energy_and_infrastrcture.jpg/aics/templatedata/article/generic/data/en/GR/022019/190220_insights_indonesia_election_watch_food_energy_and_infrastructure.xmlIndonesia election watch: energy, food, and infrastructureFebruary 20, 2019Indonesia Economics DailyEconomicsView AllRead Morenotaligned22Conditions are aligned for Bank Indonesia to embark on an easing cycle, with a cut likely to come as soon as Thursday. We think that BI could cut by 25bps in 2019 and 50bps in 2020.IndonesiaRates/iwov-resources/aics/images/AICS/AIO/en/072019/190717_insights_thumb_Indonesia_rate_cuts_in_the_horizon.jpg/aics/templatedata/article/generic/data/en/GR/072019/190717_insights_Indonesia_rate_cuts_in_the_horizon.xmlIndonesia : Rate cuts in the horizonJuly 17, 2019For second half of the year, household demand and government spending are likely to remain supportive, with a tighter policy regime to be a dampener at the margin.IndonesiaGDP/iwov-resources/aics/images/AICS/AIO/en/082018/180807_economics_thumb_indonesia_chart_book_consumption_trumps_weak_trade.jpg/aics/templatedata/article/generic/data/en/GR/082018/180807_economics_indonesia_chart_book_consumption_trumps_weak_trade.xmlIndonesia chart book – Consumption trumps weak tradeAugust 07, 2018Indonesia’s real GDP growth came in at 5.2% in 4Q17, just a tick above our expectation. Investment growth came in at a robust 7.3%, a positive sign for the outlook. We maintain our forecast at 5.3% and 5.4% for 2018 and 2019, respectively.IndonesiaGDP/iwov-resources/aics/images/AICS/AIO/en/022018/180205_economics_thumb_an_investment_led_gdp_growth.jpg/aics/templatedata/article/generic/data/en/GR/022018/180205_economics_an_investment_led_gdp_growth.xmlAn investment-led GDP growthFebruary 05, 2018Indonesia EquitiesInsightsEquitiesView AllRead Morenotaligned8The Indonesia equity market faced some headwinds in early August on back of the return of volatility.IndonesiaEquities/iwov-resources/aics/images/MODEL-PORT/201803/20180315_ZJ12N_240.jpg/aics/templatedata/article/generic/data/en/GR/000000/000000_insights_indonesia_model_portfolio.xmlIndonesia Equity PicksAugust 09, 2019S&P upgrade of Indonesia’s sovereign credit a potential upturn for foreign investments flows, although other external pressures still weigh heavy in the near term.IndonesiaEquities/iwov-resources/aics/images/AICS/AIO/en/062019/190613_strategy_thumb_indonesia_monthly.jpg/aics/templatedata/article/generic/data/en/GR/062019/190613_strategy_indonesia_monthly.xmlIndonesia Monthly Strategy: Pedalling against the tideJune 13, 2019Jokowi expected to emerge victorious based on preliminary quick vote counts, and is set to serve as Indonesia’s President for a second term.IndonesiaEquities/iwov-resources/aics/images/AICS/AIO/en/042019/190418_insights_thumb_strategy_indonesia.jpg/aics/templatedata/article/generic/data/en/GR/042019/190418_insights_strategy_indonesia.xmlMarket Strategy: Re-rating on Jokowi’s winApril 18, 2019Indonesia MarketsMarketsView AllRead Morenotaligned0

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