Indonesia Economic Quarterly, December 2019

• Ngôn ngữ: eng
• Ký hiệu phân loại: 959.8 *Indonesia and East Timor
• Thông tin xuất bản: World Bank, Washington, DC, 2019
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 245471
• Chủ đề: 1. COMMODITY PRICES; 2. CURRENT ACCOUNT DEFICIT; 3. ECONOMIC GROWTH; 4. ECONOMIC OUTLOOK; 5. FISCAL TRENDS

Tóm tắt

Amid challenging global economic conditions and a substantial deterioration of its terms-of-trade, Indonesia's economic growth decelerated to 5.0 percent in the third quarter of 2019, from 5.1 percent in Q2. Domestic drivers of growth slowed. Fixed investment growth weakened further in Q3 given the significant decline in commodity prices, and as political uncertainty lingered prior to the announcement of the new cabinet. Total consumption also slowed, with Government consumption decelerating markedly. This weakness in domestic demand was mirrored by a large contraction of import volumes, which together with flat exports meant that net exports made a large contribution to growth.