Register
Demo
Contacts
 

Stock market analytics, financial forecasts

Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

BI Positive Outlook for 1st quarter GDP Despite Sluggish growth

May, 04 2017
watermark Economic news

The economy of Indonesia is anticipated to gain momentum in the first quarter because of growth in exports, although it has a very slow progress pulled down by both lending and consumption reports giving negative results.

Southeast Asia as the biggest economy has a sluggish growth for the past five years until 2015. This is forecasted by some analysts to persist in its median forecast for 2017 with 5.00 percent for the first quarter, a little bit higher than the former 4.94 percent.

The Household consumption holds more than half of the overall GDP of the country and it is anticipated to weaken because of pessimistic retail and automobile data. The country is facing problems when it comes to bad loans that make it difficult for the Bank of Indonesia (BI) to spur the economy. Although, the benchmark eased by 150 basis points and some other lending rules. The current loan growth of the month of February still below the target figure for the year.

World-Class Trading Platform

Professional Customer Support

Best Execution

Logo

QUICK LINKS

+ 442 030 976 697
Contact Us
Feedback
twitter

ForexMart is authorized and regulated in various jurisdictions.

(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines

Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.


© 2015-2024 Tradomart SV Ltd.
Top Top
defer(function(){ $("#cookies_modal").modal('show'); setCookie('fm_cookies', 'agree'); $(document).on('click', ".fm_cookies", function () { $("#cookies_modal").modal('hide'); setCookie('fm_cookies', 'agree'); }); }); function setCookie(key, value) { var expires = new Date(); expires.setTime(expires.getTime() + (10 * 365 * 1 * 24 * 60 * 60 * 1000)); document.cookie = key + '=' + value + ';expires=' + expires.toUTCString(); }
Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.