Research & Stock Picks

Economic Reports

20 April 2026

By

Samuel Weekly Economic Insights 20 April 2026

Highlights

  • Growth Quality Concerns Intensify Amid “Jobless Growth” Signal: Despite GDP growth of 5.39%, weak labor absorption highlights structural inefficiencies in translating growth into employment.

 

  • Geopolitical Energy Shock Amplifies Macro Risks: Escalating US–Iran tensions and Hormuz disruptions pushed oil prices near USD100/bbl, reintroducing inflationary and fiscal pressures.

 

  • Rupiah Stability Tested by External Pressures: The rupiah remained under pressure around IDR 17,100/USD, reflecting persistent capital outflows and global risk-off sentiment.

 

  • Diverging Growth Expectations Reflect External Uncertainty: IMF revised Indonesia’s 2026 growth forecast down to 5.0%, while the government maintains optimism above 5.3%.

 

  • Energy Security Becomes Central Policy Anchor: Indonesia’s strategic pivot toward Russian oil imports and domestic energy infrastructure signals a shift toward resilience-driven policy.

Share This:

Highlights

Download PDF

Download PDF

3rd Week Report of April_Macro Economics_20042026_EN
3rd Week Report of April_Macro Economics_20042026_ID

Download PDF

3rd Week Report of April_Macro Economics_20042026_EN
3rd Week Report of April_Macro Economics_20042026_ID

More Related

Morning Briefs

Apr 21, 2026

JCI is Expected to Move Up Today

Economic Reports

Apr 21, 2026

Samuel Daily Economic Insight 21 April 2026

Morning Briefs

Apr 20, 2026

JCI is Expected to Move Up Today

Morning Briefs

Apr 17, 2026

JCI is Expected to Move Sideways Today

Economic Reports

Apr 17, 2026

Samuel Daily Economic Insight 17 April 2026

Company Reports

Apr 16, 2026

BULL: BUY (Initiation), TP at 700 – Safe Passage: No Hormuz

Morning Briefs

Apr 16, 2026

JCI is Expected to Move Up Today

Economic Reports

Apr 16, 2026

Samuel Daily Economic Insight 16 April 2026

Morning Briefs

Apr 15, 2026

JCI is Expected to Move Up Today

Morning Briefs

Apr 14, 2026

JCI is Expected to Move Up Today

Economic Reports

Apr 14, 2026

Samuel Daily Economic Insight 14 April 2026

Morning Briefs

Apr 13, 2026

JCI is Expected to Move Down Today

Economic Reports

Apr 13, 2026

Samuel Weekly Economic Insights 13 April 2026

Morning Briefs

Apr 10, 2026

JCI is Expected to Move Up Today

Economic Reports

Apr 10, 2026

Samuel Daily Economic Insight 10 April 2026

Morning Briefs

Apr 9, 2026

JCI is Expected to Sideways Today

Economic Reports

Apr 9, 2026

Samuel Daily Economic Insight 9 April 2026

Economic Reports

Apr 8, 2026

Indonesia Foreign Exchange Reserves: 8 April 2026

Morning Briefs

Apr 8, 2026

JCI is Expected to Move Up Today

Economic Reports

Apr 8, 2026

Samuel Daily Economic Insight 8 April 2026

Morning Briefs

Apr 7, 2026

JCI is Expected to Move Up Today

Economic Reports

Apr 7, 2026

Samuel Daily Economic Insight 7 April 2026

Morning Briefs

Apr 6, 2026

JCI is Expected to Move Up Today

Economic Reports

Apr 6, 2026

Samuel Weekly Economic Insights 6 March 2026

Morning Briefs

Apr 2, 2026

JCI is Expected to Move Up Today

Economic Reports

Apr 2, 2026

Samuel Daily Economic Insights 2 April 2026

Morning Briefs

Apr 1, 2026

JCI is Expected to Move Up Today

Economic Reports

Apr 1, 2026

Samuel Daily Economic Insights 1 April 2026

Morning Briefs

Mar 31, 2026

JCI is Expected to Decline Today

Economic Reports

Mar 31, 2026

Samuel Daily Economic Insights 31 March 2026

Morning Briefs

Mar 30, 2026

JCI is Expected to Decline Today

Economic Reports

Mar 30, 2026

Samuel Quarterly Economic Insights 30 March 2026

Morning Briefs

Mar 27, 2026

JCI is Expected to Decline Today

Economic Reports

Mar 27, 2026

Samuel Daily Economic Insights 27 March 2026

Morning Briefs

Mar 26, 2026

JCI is Expected to Sideways Today

Economic Reports

Mar 26, 2026

Samuel Daily Economic Insights 26 March 2026

Morning Briefs

Mar 25, 2026

JCI is Expected to Move Down Today

Company Reports

Mar 17, 2026

BIPI: Not Rated – Place Your Bets

Morning Briefs

Mar 17, 2026

JCI is Expected to Move Up Today

Economic Reports

Mar 17, 2026

Samuel Daily Economic Insights 17 March 2026

Morning Briefs

Mar 16, 2026

JCI is Expected to Decline Today

Economic Reports

Mar 16, 2026

Samuel Weekly Economic Insights 16 March 2026

Morning Briefs

Mar 13, 2026

JCI is Expected to Decline Today

Economic Reports

Mar 13, 2026

Samuel Daily Economic Insights 13 March 2026

Morning Briefs

Mar 12, 2026

JCI is Expected to Decline Today

Economic Reports

Mar 12, 2026

Samuel Daily Economic Insights 12 March 2026

Morning Briefs

Mar 11, 2026

JCI is Expected to Move Up Today

Economic Reports

Mar 11, 2026

Samuel Daily Economic Insights 11 March 2026

Company Reports

Mar 10, 2026

GIAA: BUY (Initiation), TP at 130 – Time to Take Off

Morning Briefs

Mar 10, 2026

JCI is Expected to Move Up Today

Economic Reports

Mar 10, 2026

Samuel Daily Economic Insights 10 March 2026

Morning Briefs

Mar 9, 2026

JCI is Expected to Decline Today

Economic Reports

Mar 9, 2026

Samuel Weekly Economic Insights 9 March 2026

Economic Reports

Mar 6, 2026

Indonesia Foreign Exchange Reserves: 6 March 2026

laba bri

Company Reports

Mar 6, 2026

BBRI: BUY (Maintained), TP at 4,400 – 4Q25 Results

Morning Briefs

Mar 6, 2026

JCI is Expected to Decline Today

Economic Reports

Mar 6, 2026

Samuel Daily Economic Insights 6 March 2026

Morning Briefs

Mar 5, 2026

JCI is Expected to Decline Today

Economic Reports

Mar 5, 2026

Samuel Daily Economic Insights 5 March 2026

Company Reports

Mar 4, 2026

DEWA: Transformation, Expansion, Diversification

Morning Briefs

Mar 4, 2026

JCI Expected to Decline Today

Economic Reports

Mar 4, 2026

Samuel Daily Economic Insights 4 March 2026

Morning Briefs

Mar 3, 2026

JCI Expected to Decline Today

Economic Reports

Mar 3, 2026

Samuel Daily Economic Inisghts 3 March 2026

Economic Reports

Mar 2, 2026

Indonesia February Inflation: 2 March 2026

Economic Reports

Mar 2, 2026

Balance of Trade: 2 March 2026

Economic Reports

Mar 2, 2026

Indonesia Manufacturing PMI: 2 March 2026

Morning Briefs

Mar 2, 2026

JCI Expected to Decline Today

Economic Reports

Mar 2, 2026

Samuel Monthly Economic Insights 2 March 2026

Morning Briefs

Feb 27, 2026

JCI Expected to Decline Today

Economic Reports

Feb 27, 2026

Samuel Daily Economic Insights 27 February 2026

btn

Company Reports

Feb 26, 2026

BBTN: BUY (Maintained), TP at 1,600 – Cheapest in the Sector

Morning Briefs

Feb 26, 2026

JCI Expected to Move Up Today

Economic Reports

Feb 26, 2026

Samuel Daily Economic Insights 26 February 2026

Morning Briefs

Feb 25, 2026

JCI Expected to Move Up Today

Economic Reports

Feb 25, 2026

Samuel Daily Economic Insights 25 February 2026

Economic Reports

Feb 24, 2026

Samuel Daily Economic Insights 24 February 2026

Morning Briefs

Feb 23, 2026

Samuel’s Weekly Stock Statistics: 20-Feb-2026

Morning Briefs

Feb 23, 2026

JCI Expected to Move Up Today

Economic Reports

Feb 23, 2026

Samuel Weekly Economic Insights 23 February 2026

Morning Briefs

Feb 20, 2026

JCI Expected to Move Sideways Today

Economic Reports

Feb 20, 2026

Samuel Daily Economic Insights 20 February 2026

Economic Reports

Feb 19, 2026

BI’s 7-Day Repo Rate: 19 February 2026

Morning Briefs

Feb 19, 2026

JCI Expected to Move Up Today

Economic Reports

Feb 19, 2026

Samuel Daily Economic Insights 19 February 2026

laba bris

Company Reports

Feb 18, 2026

BRIS: BUY (Maintained), TP at 2,800 – Funding Mix & Fees: Continued Improvements

Morning Briefs

Feb 18, 2026

Samuel’s Weekly Stock Statistics: 18-Feb-2026

Morning Briefs

Feb 18, 2026

JCI Expected to Move Sideways Today

Economic Reports

Feb 18, 2026

Samuel Weekly Economic Insights 18 February 2026

Morning Briefs

Feb 13, 2026

JCI Expected to Move Sideways Today

Economic Reports

Feb 13, 2026

Samuel Daily Economic Insights 13 January 2026

laba bank mandiri 2024

Company Reports

Feb 12, 2026

BMRI: BUY (Maintained), TP at 5,700 – Calmer Growth Outlook

Morning Briefs

Feb 12, 2026

JCI Expected to Sideways Today

Economic Reports

Feb 12, 2026

Samuel Daily Economic Insights 12 February 2026

Morning Briefs

Feb 11, 2026

JCI Expected to Strengthen Today

Economic Reports

Feb 11, 2026

Samuel Daily Economic Insights 11 February 2026

Economic Reports

Feb 10, 2026

Indonesia Consumer Confidence Index: 10 February 2026

pertumbuhan BBCA

Company Reports

Feb 10, 2026

BBCA: BUY (Maintained), TP at 8,600 – Unparalleled Funding Franchise

Economic Reports

Feb 10, 2026

Samuel Daily Economic Insights 10 February 2026