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recession

Inflation surprisingly drops as food prices cool down
Economy 3 years ago

PREMIUM
Inflation surprisingly drops as food prices cool down

Inflation slowed in October following a drop in a wide range of food commodities, but analysts expect the drop to be temporary as risks overshadow the economy in the remaining weeks of the year.
G7 and oil trade wall
Editorial 3 years ago

G7 and oil trade wall

If the G7 implements the cap, the group will bar all allies and G7-affiliated companies from shipping, financing or insuring oil from Russia to its buyers. 
Indonesia’s strategy for riding the global economic slowdown
Academia 3 years ago

PREMIUM
Indonesia’s strategy for riding the global economic slowdown

We can expect the rupiah to depreciate dramatically as US dollar liquidity dries up and global pandemonium spreads before rebounding somewhat, as seen after the initial shock of C0VID-19. 
Don’t politicize finance
Editorial 3 years ago

Don’t politicize finance

The involvement of lawmakers and politicians in the OJK, the LPS and BI will only allow political and ideological motives to guide decision-making.
RI tourism recovery at risk as foreigners tighten purse strings
Economy 3 years ago

PREMIUM
RI tourism recovery at risk as foreigners tighten purse strings

Indonesia’s tourism recovery may be facing stronger headwinds as would-be foreign visitors limit their leisure spending amid the threat of a global recession, threatening hard-won gains in the pandemic-battered industry.
Why the world has to look to Indonesia’s robust economic growth
Academia 3 years ago

PREMIUM
Why the world has to look to Indonesia’s robust economic growth

It will be crucial to maintain fiscal discipline in the run-up to the 2024 presidential elections and to show a confident Indonesia in selecting a new leader who will continue prudent economic management.
UK economy on brink of recession as it shrinks in August
Economy 3 years ago

UK economy on brink of recession as it shrinks in August

Weakness in manufacturing and maintenance work in North Sea oil and gas fields contributed to a 0.3 percent fall in gross domestic product from July, and the report also showed how a jump in inflation was hitting consumers.
The surprising increase in policy rate amid stability and recovery
Academia 3 years ago

The surprising increase in policy rate amid stability and recovery

Controlling core inflation is the short-term target of the BI money tightening because headline and core inflations are expected to increase due to the second-round effect of the recent fuel price hikes.
WTO chief warns world edging into 'global recession'
Economy 3 years ago

WTO chief warns world edging into 'global recession'

WTO Director-General Ngozi Okonjo-Iweala said Russia's war in Ukraine, the climate crisis, food price and energy shocks plus the aftermath of the Covid-19 pandemic were creating the conditions for a world recession.
Bumpy road ahead for exporters if world enters recession
Economy 3 years ago

PREMIUM
Bumpy road ahead for exporters if world enters recession

If a World Bank scenario of a global recession in 2023 proves right, pressure is set to mount on export-oriented Indonesian businesses.
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