QUARTERLY ANALYSIS: The Progress of Monetary, Banking and Payment System Quarter I – 2012

  • Author Team of Quarterly Report Bank Indonesia

Abstract

The Indonesian economy in the First Quarter 2012 grew by 6.3% (yoy). The main source of economic growth came from domestic consumption thatremained strong and in line with consumer optimism (which also remained high), and investments (PMTB) supported by a conducive business climate with the potential for increased funding. Meanwhile, export growth slowed down due to the performance of the continuing global economic downturn which has depressed the absorption of the main trading partner countries. Amid the sluggish performance of exports, imports still grew fuelled by a strong domestic demand. Looking ahead, Indonesia»s economic outlook remains strong overall in 2012 ranging from 6.3 to 6.7% growthamidst many risk factors.

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Published
2012-06-29
How to Cite
Bank Indonesia, A. T. of Q. R. (2012). QUARTERLY ANALYSIS: The Progress of Monetary, Banking and Payment System Quarter I – 2012. Buletin Ekonomi Moneter Dan Perbankan, 14(4), 321-322. https://doi.org/10.21098/bemp.v14i4.407
Section
Articles

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