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Indonesia : Foreign ownership of tradable securities, Monthly Inflation
Strong inflows of portfolio investment and FDI produced a substantial surplus in the capital and financial account. Portfolio investment nearly tripled to $9.2 billion last year, and net FDI inflows w... ere a record at $19.9 billion. Foreign holdings of government bonds jumped by $3.4 billion to $28.0 billion (Figure 3.24.5).The balance of payments recorded a small surplus, and gross international reserves had increased by year-end to $112.8 billion, which is cover for 6.1 months of imports and government payments on foreign debt.The good harvest, lower global food prices, and the postponement of increases in government-controlled fuel prices brought down inflation to an average of 4.3% in 2012, the lowest in 12 years. Inflation generally has trended down over recent years, reflecting the adoption of inflation targeting in 2005 and improved management of supply-side price pressures through an official inflation task force. Food prices started to edge up late in 2012 (Figure 3.24.6).Source: CEIC Data Company (accessed 16 March 2013), Asian Development Bank and Indonesia - http://www.adb.org/publications/asian-development-bank-indonesia-lembar-fakta
Rank: 3835 of 4888 in Economy
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