Document Type
Article
Abstract
During the increasing uncertainty of the global economy, Indonesia is still able to grow by 6.4% (yoy). The main source of the economic growth is domestic demands, which are the increasing household consumptions and investments. The high household consumption is in accordance with the consumers’ confidence and stable consumers’ purchasing power, as indicated from the high sales of retailer. The high consumption and conducive business climate lead to the increase of investment. This condition is supported by business agents’ optimism. Meanwhile, the export growth slowed rapidly as the impact of the slowing down global economy that leads to decreasing demand of the main trading partner country and the low price of commodities. On the other hand, import increase along with the increase of investment activities, particularly machinery and conveyance equipment investment. In the future, the prospect of Indonesian economy would remain strong by 6.3-6.7% in 2012; even several factors of risk should be monitored.
Recommended Citation
Bank Indonesia, Author Team of Quarterly Report
(2012)
"QUARTERLY ANALYSIS: The Progress of Monetary, Banking and Payment System Quarter II – 2012,"
Bulletin of Monetary Economics and Banking: Vol. 15:
No.
1, Article 5.
DOI: https://doi.org/10.21098/bemp.v15i1.413
Available at:
https://bulletin.bmeb-bi.org/bmeb/vol15/iss1/5
First Page
1
Last Page
2
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License
Country
Indonesia
Affiliation
Bank Indonesia
