Indonesia - KDNK Kadar Pertumbuhan Tahunan

Indonesia's annual economic growth eased slightly to 5.05 percent in the second quarter of 2019 from 5.07 percent in the previous three-month period and matching market consensus. That was the weakest pace of expansion since the second quarter of 2017, as investment growth remained the slowest since early 2017. Considering the first half of the year, the economy expanded 5.06 percent from a year earlier. For 2019, the government is targeting economic growth at 5.2-5.3 percent, while the central bank has forecast 5.2 percent.

Indonesia's annual economic growth eased to 5.07 percent in the first quarter of 2019 from 5.18 percent in the previous three-month period and below market consensus of 5.18 percent. This was the weakest growth rate in one year, as both private consumption and fixed investment rose at softer pace. For 2019, the government is targeting economic growth at 5.3 percent, while the central bank has forecast a range of 5.0-5.4 percent.

Indonesia's annual economic growth edged up to 5.18 percent in the fourth quarter of 2018 from 5.17 percent in the previous three-month period and slightly above market consensus of 5.11 percent. The expansion was mainly driven by private consumption while both fixed investment and government spending increased at a slower pace. Meantime, net exports contributed negatively to the GDP growth. For 2018 as a whole, the economy grew 5.17 percent, compared to a 5.07 percent expansion in 2017, and marking the fastest growth rate since 2013.