Indonesia CPI Index in 2015
Indonesia CPI Index opened 2015 at 98.58 and closed at 102.13, a +3.61% move for the year. The high of 102.13 was reached on December 1, and the low of 98.22 on February 1.
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 98.58 | 98.58 | 98.58 | 98.58 | +0.00% |
| Feb | 98.22 | 98.22 | 98.22 | 98.22 | +0.00% |
| Mar | 98.39 | 98.39 | 98.39 | 98.39 | +0.00% |
| Apr | 98.74 | 98.74 | 98.74 | 98.74 | +0.00% |
| May | 99.23 | 99.23 | 99.23 | 99.23 | +0.00% |
| Jun | 99.77 | 99.77 | 99.77 | 99.77 | +0.00% |
| Jul | 100.70 | 100.70 | 100.70 | 100.70 | +0.00% |
| Aug | 101.09 | 101.09 | 101.09 | 101.09 | +0.00% |
| Sep | 101.04 | 101.04 | 101.04 | 101.04 | +0.00% |
| Oct | 100.95 | 100.95 | 100.95 | 100.95 | +0.00% |
| Nov | 101.16 | 101.16 | 101.16 | 101.16 | +0.00% |
| Dec | 102.13 | 102.13 | 102.13 | 102.13 | +0.00% |
Events During 2015
The PBoC devalued the yuan by 1.9% in a single day on August 11, 2015, the first meaningful devaluation since 1994. Global risk assets convulsed.
Brent crude fell from $115 in June 2014 to $27 in January 2016, a 77% collapse. Shale oversupply and OPEC's refusal to cut production broke the commodity supercycle that had dominated markets since 2003.
The Swiss National Bank abandoned its 1.20 EUR/CHF floor on January 15, 2015. The franc immediately surged 30%, blowing up retail FX brokers and exposing the fragility of exchange rate commitments.
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