Kuartal akhir tahun 2013 telah mencatat penyesuaian ekonomi Indonesia yang masih berlangsung terhadap terus melemahnya harga-harga komoditas dan kondisi pembiayaan eksternal yang lebih ketat, dan tekanan neraca pembayaran. Sejumlah kebijakan telah menanggapinya, terutama melalui kebijakan moneter yang lebih ketat, depresiasi riil Rupiah yang cukup besar dan belanja investasi dan pertumbuhan…
The second quarter of 2013 was an eventful one as Indonesia's economy, policy settings and financial markets adjusted to pressures which have been mounting over recent quarters and to shifts in the global environment. Following slightly weaker-than-expected growth in the first quarter, there are signs that domestic demand, particularly investment, has continued to moderate. On the fiscal front,…
GDP growth in the first quarter of 2014 moderated further to 5.2 percent year-on-year, from 5.7 percent year-on-year in the prior quarter. The slower growth rate is due partly to the macro stabilizing monetary and exchange rate policy measures that have been taken to move to a more sustainable current account footing and enhance investor confidence. However, exports have remained sluggish, in p…
The Indonesian economic quarterly reports on and synthesizes the past three months' key developments in Indonesia's economy. It places them in a longer-term and global context, and assesses the implications of these developments and other changes in policy for the outlook for Indonesia's economic and social welfare. Its coverage ranges from the macro economy to financial markets to indicators o…
Indonesia's economic performance through mid-2011 has been positive. Solid growth has been accompanied by further portfolio capital and foreign direct investment inflows. Public and financial sector balance sheets remain strong. However, events over the past quarter serve as a reminder of a number of Indonesia's ongoing policy challenges. At the same time, the launch of the government's master …
The fourth quarter of 2013 brought welcome signs that Indonesia’s economy is rebalancing in response to previous monetary policy and exchange rate adjustments, which is positive for macroeconomic stability. The overall economic growth rate was broadly unchanged, at 5.7 percent year-on-year, but the composition of growth tilted more towards net exports while fixed investment remained subdued.
Ekonomi Indonesia terus menyesuaiakan diri ditandai dengan pelemahan nilai tukar perdagangan (terms of trade) dan pengetatan kondisi pendanaan luar negeri, dengan komposisi pertumbuhan yang lebih di dominasi oleh ekspor bersih diserta dengan pertumbuhan ekonomi yang sedikit melambat. Sementara penyesuaian yang dilakukan bersifat positif bagi stabilitas ekonomi makro, apa yang terus – mene…
Indonesia’s growth performance has remained robust in the face of global economic weakness but, with risks remaining high, the economy’s resilience to future shocks can be further strengthened through a continued focus on crisis preparedness, on facilitating investment and on improving the quality of public spending.
This outlook of a moderate slowdown in growth to just above 5 percent depends on Indonesia avoiding more binding external financing pressures. This depends on global funding conditions remaining sufficiently supportive, and on how well Indonesia’s policies facilitate continued near-term adjustment, and support competitiveness and investment.
Private consumption growth unexpectedly remained unchanged in Q2. The steady momentum in private consumption, which accounts for over half of Indonesia’s GDP, stands in contrast to several favorable drivers, such as strong job growth, double-digit wage increases and the shifting of the Idul Fitri festive season to Q2 this year