Indonesian Political, Business & Finance News

Archive: 19 September 2024

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Indonesia's Economic Growth Remains Strong: Key Indicators and Forecast for 2024

Bank Indonesia Governor Perry Warjiyo has signalled continued optimism over Indonesia's economic performance, with the central bank forecasting 2024 growth between 4.7 and 5.5 per cent amid robust consumer confidence and sustained investment in strategic projects including the new capital Nusantara. Inflation remains well-controlled at 2.12 per cent year-on-year, supported by stable food prices and the economy's responsive capacity to domestic demand. The central bank plans to strengthen its pol