Indonesia's COVID-19 Vaccination and Economic Resilience Strategy
Well Maintained Inflation Ensured Price Stability
Manageable Monetary Environment amid Heightened Global Uncertainty
Strengthened Monetary Policy Framework
20
20
(%)
19 August 2016
CPI (%, yoy) rhs
8.00
13.01
The New Monetary
LF Rate: 7.00
7.00
Operation Framework
•Core (%, yoy) - lhs
15
7.00
BI Rate 60
Volatile Food (%, yoy) - lhs2
Administered (%, yoy) - lhs
6.00
10
5.00
5
H
5.7
3.3
4.00
5.42
3.00
0
2.00
2013
2014
2015 2016 2017 2018 2019 2020 2021 Nov-22
Rupiah Exchange Rate Fared Relatively Well Compared to Peers
Jan-16
May-16
Q3-2016
Credit Growth Profile
Q3-2017
2022 vs 2021 (YTD)
TRY 46.25
-28.73
% yoy
20.0
JPY
-16.6212.54
EUR
-6.93
15.0
-12.34
KRW
-7.53
-11.56
PHP
-9.68.48
10.0
ZAR
-7.76
-9.63
THB
■point-to-point average
-3.74
5.0
-8.90
INR
-10.19
-5.97
MYR
As of
21-Dec-22
15
0.0
.85
CNY
-8.79
-4.27.
IDR
-8.56
-3.74
SGD
-0.10
-2.60
BRL
7.16
-10.0
4.39
-50.0
-40.0
-30.0
-20.0
-10.0
0.0
10.0
Source: Reuters, Bloomberg (calculated)
-5.0
Total Growth
Investment Loans
Q3-2018
Q3-2019
Mar-20
Jul-20
Nov-20
Mar-21
Jul-21
Nov-21
Mar-22
DF Rate: 4.75
LF Rate: 6.25
BI 7Day RR Rate: 5.50
Jul-22
Nov-22
Jan-15
Jul-15
Jan-16
Jul-16
Jan-17
Jul-17
Jan-18
Jul-18
Jan-19
Jul-19
Jan-20
Jul-20
Jan-21
Mar-21
May-21
Working Capital Loans
Consumption
Loans
Jul-21
Sep-21
Nov-21
Jan-22
Mar-22
May-22
Jul-22
11.16
Sep-22
Nov-22
13.15
11.27
9.1View entire presentation