Document Type
Article
Abstract
The Indonesian economy in second quarter of 2010 demonstrated a continued strengthening. This optimism was supported by investment and export performance that grows higher, in line with the global economic recovery. Economic conditions continued to show an atmosphere that supports the optimistic better economic outlook than previously thought. The Indonesian economy in 2010 was estimated to grow towards the upper limit of the range of 5.5% -6.0% and reached 6.0% -6.5% in 2011. In terms of prices, inflationary pressure throughout the second quarter of 2010 showed an increase caused by the volatile foods, such as various spices and rice. Meanwhile, the administered prices group and minimal core inflation contributed to the price development during the second quarter of 2010. Thus, overall the year, CPI inflation in 2010 will still be in the range of the inflation target of 5% ± 1%.
Recommended Citation
Bank Indonesia, Author Team of Quarterly Report
(2010)
"QUARTERLY ANALYSIS: The Progress of Monetary, Banking and Payment System Second Quarter – 2010,"
Bulletin of Monetary Economics and Banking: Vol. 13:
No.
1, Article 5.
DOI: https://doi.org/10.21098/bemp.v13i1.382
Available at:
https://bulletin.bmeb-bi.org/bmeb/vol13/iss1/5
First Page
1
Last Page
4
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License
Country
Indonesia
Affiliation
Bank Indonesia