Pantheon Macroeconomics

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22nd Sep 2022 13:43Emerging Asia, Daily Monitor

  • Bank Indonesia surprised markets yesterday, hiking its benchmark rate by 50bp, to 4.25%...
  • ...But we see no appetite for this to be the norm; BI easily would ditch the focus on core, if convenient.
  • The BSP’s ongoing worries over inflation make no sense, given the global trends in oil and food prices.

core inflation diesel farm output food inflation fuel government headline inflation headline rate inflation forecast oil output growth repo transport transport inflation utilities

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Keywords for: 23 Sept 2022 Emerging Asia Monitor

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