{"id":845389,"date":"2026-08-06T08:40:35","date_gmt":"2026-08-06T08:40:35","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/845389\/"},"modified":"2026-08-06T08:40:35","modified_gmt":"2026-08-06T08:40:35","slug":"indonesia-growth-inflation-mix-supports-steady-bi-stance-dbs","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/845389\/","title":{"rendered":"Indonesia: Growth-inflation mix supports steady BI stance \u2013 DBS"},"content":{"rendered":"<p>DBS Group Research economist Radhika Rao notes Indonesia\u2019s onshore markets are focused on the appointment of a new Bank Indonesia Governor after Perry Warjiyo\u2019s departure, with Acting Governor Destry Damayanti prioritising non-rate measures and IDR <a href=\"https:\/\/www.fxstreet.com\/cryptocurrencies\" data-fxs-autoanchor=\"\" rel=\"nofollow noopener\" target=\"_blank\">liquidity<\/a>. The report highlights a mixed growth-inflation backdrop, a weaker external balance and a rangebound USDIDR, arguing this combination supports an unchanged policy rate stance near term.<\/p>\n<p>New BI leadership and macro backdrop<\/p>\n<p>&#8220;Onshore markets are awaiting the appointment of the new Bank Indonesia Governor, after chief Warjiyo stepped down last week.&#8221;<\/p>\n<p>&#8220;Pullback in oil prices and absence of fresh negative triggers has kept USDIDR rangebound within 17900-18000 <a href=\"https:\/\/www.fxstreet.com\/economic-calendar\" data-fxs-autoanchor=\"\" rel=\"nofollow noopener\" target=\"_blank\">this week<\/a>, whilst the benchmark long-end yield holds steady around 7.3%, taking cues from hardening in US rates.&#8221;<\/p>\n<p>&#8220;The evolving growth-inflation mix has been mixed.&#8221;<\/p>\n<p>&#8220;2Q GDP growth report, due on Wednesday, is likely to show that output expanded by a relatively firm 5.3% yoy notwithstanding the energy shock vs 5.6% in 1Q.&#8221;<\/p>\n<p>&#8220;This growth-inflation mix coupled with stability in the rupiah makes the case for the BI to maintain its rates this month.&#8221;<\/p>\n<p>(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor. <a href=\"https:\/\/www.fxstreet.com\/info\/how-fxstreet-uses-ai?utm_medium=internal&amp;utm_source=ai-disclaimer\" rel=\"nofollow noopener\" target=\"_blank\">Know more.<\/a>)<\/p>\n","protected":false},"excerpt":{"rendered":"DBS Group Research economist Radhika Rao notes Indonesia\u2019s onshore markets are focused on the appointment of a new&hellip;\n","protected":false},"author":2,"featured_media":802778,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,99,164],"class_list":["post-845389","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-au","tag-australia","tag-business","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/845389","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=845389"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/845389\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/802778"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=845389"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=845389"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=845389"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}