BI Warns of Global Economic Uncertainty Amid Rising Oil Prices

Bank Indonesia (BI) has expressed concerns about the global economic outlook, citing high financial market uncertainty.

The institution's governor, Destry Damayanti, pointed to several factors contributing to this uncertainty, including the renewed escalation of the war in the Middle East and its impact on oil prices.

Oil prices had risen to 132 US dollars per barrel before falling back below 100 US dollars per barrel on September 22, 2026, according to Destry. Various world commodities have also seen price increases.

The global economic growth in 2026 is expected to remain weak at around 3.0 percent, accompanied by increasing inflationary pressure of around 4.6 percent, said Destry.