RHB | Indonesia | Economic Growth Inched Down In 2Q, But Will Likely Pick Up In 2H

Economic Research	06 August 2014
Indonesia
Economic Highlights
Economic Growth Inched Down In 2Q, But Will Likely Pick Up In 2H Indonesia GDP growth inched down to 5.1% y-o-y in the 2Q, from +5.2% in 1Qand +5.7% in 4Q 2103. This was attributed to slower domestic demand, particularly slower government consumption and investment. Real exports fell by a larger magnitude but imports contracted even faster in the 2Q, leading to higher net exports that provided some mitigation.  Economist:  Luthfi Ridho  | +6221 2598 6888