Hasil BI Meeting 23 Oktober 2018

Key Highlights - BI Meeting

- BI said global economic growth remains weak
- BI said commodity exports grow at a slower pace
- BI said 2018 GDP growth at lower end of 5%-5.4% and expect lower than estimate 3Q growth on weak exports
- BI saw improvement in trade and CA balance, committed to lower CAD.
- BI will guard IDR in line with fundamentals.
- BI sees 2018 inflation at 2.5%-4.5%, remain low and stable for the rest of the year
- August’18 loan growth at 12.1%, BI sees 2018 loan growth at 10%-12%.
- BI keeps 7-day rate at 5.75%, in line with estimates

Source : Bloomberg