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CIMB Niaga's chief economist expects Indonesia's economy to grow about 5% in 2016 and 5.1% in 2017, with average inflation near 3.9%. He says the rupiah remains undervalued and expects it to appreciate gradually in the second half of 2017.
Bank Indonesia cut rates six times in 2016 and the policy rate stands at 4.75%.
Steady growth and a gradually firmer rupiah would support Indonesian import capacity for feed and feed ingredients. The forecast is a macro view with limited direct effect on feed prices.
cariasean.orgJan 24, 2017Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
