Ahad 29 Apr 2012 00:13 WIB

BI: Inflation in 2013 reaches 4.5 percent

Rep: Mutia Ramadhani/Satya Festiani / Red: Yeyen Rostiyani
A snack stall in a market in Jakarta. (Illustration)
Foto: Republika/Wihdan Hidayat
A snack stall in a market in Jakarta. (Illustration)

REPUBLIKA.CO.ID, BANDUNG - Bank Indonesia optimistically can bring Indonesian inflation on 4.5 percent ± 1 percent in 2013. BI will strengthen the monetary policy and national macro prudential to maintain the percentage.

The Group Director of BI Monetary Policy, Juda Agung, said BI was optimistic that Indonesian economic growth for this year was by 6.3-6.7 percent. "Next year, the economy will grow by 6.4-6.8 percent," he said on Saturday.

He added, the growth of Gross Domestic Income was supported by the high domestic demand. On the second quarter of 2012, the economic growth is predicted to reach 6.4 percent. The percentage is lower than the prediction of the growth in the first quarter of 2012, which is 6.5 percent.

BI projects the growth in export will slow down along with the slowing of global economy. Yet, domestic consumption is still high, based on three indicators. The first is the demographic structure in Indonesia is generally in productive age which hold up to economic growth. The second, the increasing number of formal sector to absorb job seekers. And the last, the increase national consumption due to stronger middle class. 

 

 

 

 

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