72428
Indonesia Q3 GDP Growth Improves
Indonesia Q3 GDP Growth Improves

Indonesia Q3 GDP Growth Improves

Indonesia Q3 GDP Growth Improves

Indonesia’s central bank expects economic growth to slightly improve in the third quarter and reach a range of 5.1-5.2%, a senior official told reporters on Friday, Reuters reported. The acceleration from the 5.01% growth in the second quarter may come from improving private consumption, said Dody Budi Waluyo, Bank Indonesia’s executive director of economic and monetary policy, pointing to the result of August survey of retail sales. Waluyo said the impact of BI’s benchmark rate cut last month to credit growth would take two to three quarters to materialize. Thus, it would affect 2018 GDP growth more than this year, he added.

 

 

Short URL : https://goo.gl/Y1S5Lk
  1. https://goo.gl/DyU4QC
  • https://goo.gl/cwfoYs
  • https://goo.gl/9MG5MA
  • https://goo.gl/FVibY5
  • https://goo.gl/n8v1Ew

You can also read ...

IMF Cautions Kenya on Rising Debt
The International Monetary Fund has cautioned that Kenya’s...
Gold Inches Up as Dollar Dips
Gold prices crept up on Wednesday amid a softer dollar, with...
AT&T-Time Warner Merger Case Politically Motivated
The US Justice Department’s lawsuit to block AT&T’s $85...
All three sides can’t agree on a few key issues.  Top of the list: The manufacturing of cars.
No meaningful progress is being made in NAFTA trade talks...
Mexico Boosts Minimum Wage
The bittersweet news for Mexico’s poorest workers: the...
UK Slashes Growth Projections
Britain slashed its official projections for economic growth...
The rules say that EU countries should have budget deficits below 3% of GDP and public debt below 60% of GDP.
National budgets of six eurozone countries may break the...
Cambodia Sustains Strong Growth
Cambodia’s economy is forecast to grow 6.9% next year,...

Add new comment

Read our comment policy before posting your viewpoints

Image CAPTCHA
Enter the characters shown in the image.

Trending

Googleplus