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.

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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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