Indonesia Economic Quarterly, March 2018 : Towards Inclusive Growth
Real GDP growth picked up to 5.2 percent yoy in Q4 from 5.1 percent in Q3, driven by higher domestic demand, in particular stronger investment. Private consumption growth also strengthened marginally, partly due to consumer price inflation easing i...
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| Format: | Report |
| Language: | English |
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World Bank, Washington, DC
2018
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| Online Access: | http://documents.worldbank.org/curated/en/155961522078565468/Indonesia-economic-quarterly-towards-inclusive-growth http://hdl.handle.net/10986/29616 |
| Summary: | Real GDP growth picked up to 5.2 percent
yoy in Q4 from 5.1 percent in Q3, driven by higher domestic
demand, in particular stronger investment. Private
consumption growth also strengthened marginally, partly due
to consumer price inflation easing in Q4. Export and import
growth moderated from a peak in Q3 and remained robust due
to a sustained recovery in global trade and commodity
prices. Net exports, however, were a drag on growth in Q4,
partly reflecting higher investment in machines and
equipment and associated imports of capital goods. After
significant destocking in Q3, inventories contributed
positively to GDP growth. On the production side, growth in
manufacturing accelerated, while construction and
otherservices sectors saw the fastest growth. |
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