MACROECONOMIC ANALYSIS SERIES: Indonesia Economic Outlook Q3-2019
Indonesia’s economic growth in Q1 2019 is recorded at 5.07% (y.o.y), lower than 5.17% (y.o.y) as in the previous quarter. Despite of the seasonal
Indonesia’s economic growth in Q1 2019 is recorded at 5.07% (y.o.y), lower than 5.17% (y.o.y) as in the previous quarter. Despite of the seasonal
Growth momentum in the next quarter is likely to sustain, although some volatility is seen near term after the 2019 general elections. We maintain
Following previous expectation, we see that the economy in Q1 2019 will be slightly improved. A series of unexpected trends since November, such as
Despite wide fluctuation of international oil price, slightly higher consumption growth, and rapidly depreciating currency, inflation in 2018 remains remarkably low, with headline inflation
Current account deficit and political climate will be two of the key themes that will affect Indonesia’s economy in 2019. Relatively weak export performance
Persistently muted household consumption growth, which is still under 5%, signals that households remain very vigilant to fluctuations in income growth and external risks
Higher commodity prices and infrastructure spending have not been followed by increase in household consumption. This condition is also exacerbated by low growth of
Contact LPEM