The rate of economic recovery are beginning to show greget impact on the rising consumer confidence index. Based on the results of the monthly consumer survey by Bank Indonesia (BI), the consumer confidence index rose dilevel April 2010 recorded 110.7.
BI records, consumers in Indonesia have a better perception related to expectations of economic conditions six months ahead. Factors that influence perceptions and expectations of these improvements include the thicker RI foreign exchange reserves, the exchange rates that tend to remain stable, and inflation is still moderate level.
"This support consumer confidence which in turn contributed to the increase in the tendency of household expenditure," explained the BI in the publication of the survey, as quoted in the official website of the BI, Sunday (9 / 5).
Improvement of consumer confidence index was measured in more detail the economic conditions index (IKE) and index of consumer expectations (IEK). BI records, IKE in April 2010 also rose to 99.6.
"Respondent judge, this is because the increase in household income increases and is now a good time to buy durable goods," explained the BI. As for the IEK, carrying up 3.2 points from February.
Interestingly, in line with increasingly thick expectations of economic improvement and an increase in income, the survey also showed expectations of rising prices. "The pressure on overall prices in the next three months are expected to increase," said BI.
Tarfi increase in basic electricity in July 2010 will be one contributing factor to the increase in consumer expectations of price increases.
Finally, the survey shows consumers remain expectation of the amount of savings will continue to grow even though interest rates on bank deposits is expected to continue to fall. It is the impact of the stronger optimism of respondents to the earnings improvement coming six months.
Sunday, May 9, 2010
Wednesday, May 5, 2010
Foreign Exchange Reserves Increase to U.S. $ 78.6 billion
JAKARTA. Indonesian foreign exchange reserves increasing from U.S. $ 77 billion in the third week April 2010 to U.S. $ 78.6 billion at the end of April so help countries in debt repayment and other financing, such as rice and oil for the benefit of the people. With a total revenue of it, at least the state can pay for debt repayments for a period of five to six months ahead.
"The only foreign exchange reserves reached U.S. $ 50 up to 55 billion, the state can pay for debt repayments for a period of four months. Supposedly, with achievement to break the U.S. $ 78 billion more, the state can pay the mortgage debts of more than that, "said Anwar Fahrial financial analysts, Wednesday (5 / 5).
He stated that the achievement of a positive image of the central bank to lift this market can not be separated from efforts by Bank Indonesia (BI) buying dollars every day. "Wibawa central bank lifted. BI aggressively buy dollars, especially when the rupiah strengthened and the dollar weakened, through several banks, including Bank Mandiri and BNI, "he added.
Further.
In addition, increasing foreign exchange reserves amounted to U.S. $ 1.6 billion in just one week is also influenced by the surge of foreign flows to Indonesia. "The increasing confidence of international investors about the prospects of the domestic economy plays a major role in increasing foreign exchange reserves now," explained Fahrial.
However, the BI should still have to monitor the entry of foreign investors to Indonesia. Because, if they go in droves to Indonesia, then walk away together, the domestic economy will fall.
"Our country embraces free foreign exchange regime, unlike other countries that impose a minimum stay for foreign waku. Their entry was to bring a positive influence, but on the other hand would be very harmful if not controlled, "added Fahrial
"The only foreign exchange reserves reached U.S. $ 50 up to 55 billion, the state can pay for debt repayments for a period of four months. Supposedly, with achievement to break the U.S. $ 78 billion more, the state can pay the mortgage debts of more than that, "said Anwar Fahrial financial analysts, Wednesday (5 / 5).
He stated that the achievement of a positive image of the central bank to lift this market can not be separated from efforts by Bank Indonesia (BI) buying dollars every day. "Wibawa central bank lifted. BI aggressively buy dollars, especially when the rupiah strengthened and the dollar weakened, through several banks, including Bank Mandiri and BNI, "he added.
Further.
In addition, increasing foreign exchange reserves amounted to U.S. $ 1.6 billion in just one week is also influenced by the surge of foreign flows to Indonesia. "The increasing confidence of international investors about the prospects of the domestic economy plays a major role in increasing foreign exchange reserves now," explained Fahrial.
However, the BI should still have to monitor the entry of foreign investors to Indonesia. Because, if they go in droves to Indonesia, then walk away together, the domestic economy will fall.
"Our country embraces free foreign exchange regime, unlike other countries that impose a minimum stay for foreign waku. Their entry was to bring a positive influence, but on the other hand would be very harmful if not controlled, "added Fahrial
Monday, May 3, 2010
2010, Indonesian Air Passenger Growth Up 30%
JAKARTA. Central Statistics Agency (BPS) estimates that air passenger growth in Indonesia rose 30% to the end of 2010.
BPS official data showed, During January-March 2010 domestic passenger numbers reached 9.6 million people or 20.30% increase compared to same period last year amounted to 8.0 million people.
Meanwhile, for international passengers in the same period the number reached 2.1 million people. Or increased 29.74% compared to the number of passengers in the same period in 2009 amounted to 1.6 million people.
According to BPS Chief Rusman Heriawan, if the increase in domestic and international air passengers could be kept stable until the end of the year, the increase in passenger numbers in 2010 could be 30% higher than the realizable until the end of last year.
Just so you know, during January-December 2009, the total domestic passengers reached 35.7 million people and the number of international passengers reached 8.0 million people.
"We estimate the number of international passengers will rise for the next two months. Since June to July in the European summer holidays, will likely be many more foreign tourists into Indonesia, "said Rusman, Monday (3 / 5).
BPS official data showed, During January-March 2010 domestic passenger numbers reached 9.6 million people or 20.30% increase compared to same period last year amounted to 8.0 million people.
Meanwhile, for international passengers in the same period the number reached 2.1 million people. Or increased 29.74% compared to the number of passengers in the same period in 2009 amounted to 1.6 million people.
According to BPS Chief Rusman Heriawan, if the increase in domestic and international air passengers could be kept stable until the end of the year, the increase in passenger numbers in 2010 could be 30% higher than the realizable until the end of last year.
Just so you know, during January-December 2009, the total domestic passengers reached 35.7 million people and the number of international passengers reached 8.0 million people.
"We estimate the number of international passengers will rise for the next two months. Since June to July in the European summer holidays, will likely be many more foreign tourists into Indonesia, "said Rusman, Monday (3 / 5).
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