Growth Momentum Catching Up, Economic Growth To Be Stronger In 2H 2016

Economic Research	21 June 2016
Indonesia
Economic Outlook
Growth Momentum Catching Up, Economic Growth To Be Stronger In 2H 2016 Indonesia economy will likely expand by 5.2% y-o-y in 2H16, faster than +5.0% estimated for 1H, on account of a recovery in consumer spending and an improvement in investment, aided by monetary policy easing and the government’s economic stimulus packages to promote business spending. For the full-year, we are maintaining our forecast for real GDP to grow at 5.1% in 2016, higher compared to +4.8% in 2015, but we see downside risk to our forecast. Economist:  Rizki Fajar| +6221 29707065
To access our recent reports please click on the links below: 23 Mar: Higher Economic Growth on Stronger Domestic Demand 18 Dec: BI Held The Benchmark Rate Unchanged At 7.5% 16 Dec: Exports Continued to Contract, Trade Deficit Returned in November 07 Dec: Money Supply Growth Edged Down in October 02 Dec: Headline Inflation Decelerated to 4.9% y-o-y in November 18 Nov: BI Held The Benchmark Rate Unchanged At 7.5%, Primary Reserves in Rupiah Lowered by 0.5%