{
    "success": true,
    "data": {
        "id": 1752317,
        "msgid": "bi-rate-rises-bi-confident-2026-economic-growth-will-remain-at-4-9-5-7-per-cent-1779545648",
        "date": "2026-05-20 16:53:22",
        "title": "BI Rate rises, BI confident 2026 economic growth will remain at 4.9-5.7 per cent",
        "author": "",
        "source": "ANTARA_ID",
        "tags": "",
        "topic": "Economy",
        "summary": "Bank Indonesia raised the BI Rate by 50 basis points in May but maintains its forecast for 2026 growth at 4.9-5.7 per cent. Governor Perry Warjiyo emphasised inflation targeting and close coordination with government to keep growth on track, while global commodity prices and energy prices pose inflation risks.",
        "content": "<p>Jakarta \u2014 Bank Indonesia (BI) is confident that Indonesia\u2019s economic\ngrowth this year remains within the central bank\u2019s forecast, in the\nrange of 4.9-5.7 per cent, even though the policy rate (BI Rate) was\ndecided to rise by 50 basis points in May.<\/p>\n<p>\u2018In measuring how much the BI Rate should rise, of course we consider\ngrowth, how to balance inflation control within target and the impact\nthat certainly would not be too large on economic growth,\u2019 said BI\nGovernor Perry Warjiyo.<\/p>\n<p>In a press conference following BI\u2019s Board of Governors meeting in\nJakarta on Wednesday, Perry said monetary authorities also continue\nclose coordination with the government, particularly regarding fiscal\npolicy to maintain stability and spur economic growth.<\/p>\n<p>\u2018We emphasise that in measuring the BI Rate at 50 bps, we also assess\nthat it is capable of controlling inflation within the target and its\nimpact on economic growth remains within the target range of 4.9 to 5.7\nper cent,\u2019 he said.<\/p>\n<p>Rising global commodity prices, he noted, will trigger imported\ninflation because Indonesia remains dependent on inputs and materials\nfrom abroad. He also noted that non-subsidised energy price adjustments\nalso put pressure on inflation.<\/p>\n<p>Therefore, Perry stressed, the BI Rate increase is not only aimed at\nstrengthening stability of the rupiah exchange rate but also to keep\ninflation in 2026-2027 within the target of 2.5 per cent \u00b1 1 per cent or\na range of 1.5-3.5 per cent.<\/p>\n<p>Along with this, he assured that the central bank works closely with\nthe government in inflation control through the Central and Regional\nInflation Control Team (TPIP\/TPID) to keep volatile food inflation and\nspillovers from global prices under control.<\/p>\n<p>\u2018That is why we believe the 50 bps BI Rate increase will keep\ninflation forecasts for 2026-2027 within the government-set target of\n2.5 per cent \u00b1 1 per cent,\u2019 Perry said.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/bi-rate-rises-bi-confident-2026-economic-growth-will-remain-at-4-9-5-7-per-cent-1779545648",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}