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Economic Research
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8 May
2017
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Indonesia
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Economic Update
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Indonesia’s 1Q17
GDP expanded 5% YoY, bouncing back from a moderation in the past two
consecutive quarters. Going forward, we expect the archipelago’s economic
growth to pick up slightly to 5.2% from +5% in 2016. GDP growth would
continue to be supported by:
1. Rebound in
Government spending as revenue collection improves;
2. Faster state
budget disbursements for infrastructure projects;
3. Resilient
household consumption;
4. Lower cost of
borrowings
5. A pick-up in
primary commodity prices.
Economist:
Rizki Fajar| +6221 2970 7065
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