JAKARTA – In the middle of the discourse of increased levels of inflation and interest rates are likely to occur in 2010, the property and gold can be a safe investment instruments from the effects of inflation.
This was revealed by the Head of Research and Chief Economist of ING Asia Commercial Banking Condon team teleconference with reporters at the office of ING Securities Indonesia, Stock Exchange Building, Jakarta, Tuesday (26/1/2010).
“Property and gold is considered as two investment instruments that can overcome the effects of inflation among investors in Indonesia,” he explained.
He explained if investors will continue to monitor inflation and domestic interest rates in 2010. The survey states that 50 percent of investors expect inflation will rise in the first quarter-2010.
At the same time, 53 percent of investors believe that interest rates in the country will meingkat the second quarter. Indonesian investors view an outline of this is consistent with the views of investors in other Asian countries (except Japan), where 59 percent of their estimate of inflation increased in the first quarter-2010.
“Investors are expected to carefully consider monetary policy to be tightened in 2010. Although Indonesia recorded lower inflation rates in 2009 due to weakening commodity prices, inflation will again rise in early 2010, and held at 5-7 per cent range during 2010. We expect interest rates will rise in the first half of 2010, “explained Tim.
