# INDONESIA - CARI ASEAN Research and Advocacy

> 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%.

- Date: 2017-01-24 · published 2017-01-24T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/73296-indonesia-cari-asean-research-and-advocacy
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

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.

## Read by commodity

- USDIDR: bearish ▼

## Sources

- cariasean.org: https://cariasean.org/economic-snapshot-asean-focus-2017/economic-snapshot-asean-focus-2017-indonesia/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.