Thursday, December 8, 2016

Prospect For A Modest Pick-Up In Economic Growth

Economic Research
08 December 2016
Indonesia

Economic Outlook




Despite rising global uncertainties arising from Donald Trump’s victory in the US presidential elections, we expect the Indonesian economy to grow by 5.3% in 2017 (higher than our earlier estimate of 5.1% in 2016), on account of:
1. A large domestic economy, with domestic demand a key driver of growth;
2. Higher State Budget for infrastructure projects;
3. Resilient household consumption;
4. A more stable to modest pick-up in primary commodity prices.


Economist:  Rizki Fajar| +6221 2970 7065

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