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Kamis, 28 Juli 2011

Jul11 CPI inflation and Jun11 trade preview - Mandiri

The Statistics Agency will announce Indonesia Jul11 CPI inflation on Monday (1/8). We expect consumer price to increase 0.88% during the month, which will bring the year-on-year level to slide to 4.82% yoy, thanks to high base effect. Our forecast is higher than consensus figure that expects 0.80% mom and 4.70% yoy in the corresponding month. Surge in food prices and school fees during the beginning of new school year will push inflation higher this month. In addition, the agency will also announce June’s trade data as well. We expect exports and imports may have grown by 44.3% yoy and 34.3% yoy, respectively.
Posted by Saham Pilihan at 08.53

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