RHB | Indonesia | Higher Economic Growth on Stronger Domestic Demand

Economic Research	23 March 2016
Indonesia
Economic Outlook
Higher Economic Growth on Stronger Domestic Demand Indonesia economy is envisaged to grow at a slightly faster pace of 5.1% in 2016, compared with +4.8% in 2015 due to a stronger domestic demand. We expect the speed-up in government and infrastructure spending momentum in 4Q 2015 to be carried through into 2016. This will likely be aided by a recovery in consumer spending and the government’s economic stimulus packages to promote business spending. Economist:  Rizki Fajar| +6221 29707065
To access our recent reports please click on the links below: 18 Mar: BI Cut The Benchmark Rate for the Third Time This Year By 25 bps To 6.75% 16 Mar: Exports & Imports Started to Recover, Trade Surplus Widened in February 02 Mar: Inflation Accelerated In February 01 Mar: Money Supply Growth and Loan Growth Eased Further in January 19 Feb: BI Further Cut The Benchmark Rate By 25 bps To 7.0% 16 Feb: Exports Contracted Further, A Slight Trade Surplus Returned in January 16 Feb: Current Account Deficit Deteriorated In 4Q, But Surplus In Balance of Payments Returned