Staff Reporter
,
Indonesia
As a result of monetary tightening.
Household consumption remains to be the country’s engine of growth in Q2, contributing 3ppt to real GDP growth and accounting for a 54.7% share of GDP.
In a report by StanChart, it was revealed that investment was a drag on the country’s growth, slowing to 2.7
The investment slowdown was partly the result of BI monetary policy tightening to address the current account (C/A) deficit and IDR depreciation (which increased import costs for raw materials and capital goods.
Join Singapore Business Review community
Since you're here...
...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.
We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.
Let us help you drive your business forward with a good partnership!