Indonesia in 2017: Accumulation of Positives Enhances Long-Term Growth Prospects

Economist, Centennial Asia Advisors

Jason Tan

Economist

Centennial Asia Advisors

At Centennial Asia Advisors, we tell it like it is. We have no vested interests, no need for a China wall, and no reason to skew our outlook any other way. With over 30 years experience covering Asia’s political economy, you can be sure our conclusions and analyses are based on the unadulterated facts. Through years of fine-tuning our research methodologies, we deliver a quality of macroeconomic analysis few other houses can match.

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Economic Policy and Strategic Advisors

Macroeconomics

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Broad-based moderation in 3Q16 GDP growth: Indonesia’s GDP expanded 5.0% y/y in 3Q16, down from 5.2% in 2Q16.</li>
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Household consumption remains the key driver of growth, gaining 5.0% in 3Q16, down marginally from 5.1% in 2Q16. Government spending fell 3.0% y/y in 3Q16, down from 5.1% in 2Q16. Investment gained 4.1% y/y in 3Q16, down from 5.1% in 2Q16. Exports fell 6.0% y/y in 3Q16, worse than the fall of 2.4% in 2Q16.</li>
</ul> Assessment: Outlook brighter despite growth moderation<ul><li>Granular data show that…</li></ul>



Broad-based moderation in 3Q16 GDP growth: Indonesia’s GDP expanded 5.0% y/y in 3Q16, down from 5.2% in 2Q16.

Household consumption remains the key driver of growth, gaining 5.0% in 3Q16, down marginally from 5.1% in 2Q16. Government spending fell 3.0% y/y in 3Q16, down from 5.1% in 2Q16. Investment gained 4.1% y/y in 3Q16, down from 5.1% in 2Q16. Exports fell 6.0% y/y in 3Q16, worse than the fall of 2.4% in 2Q16.
 Assessment: Outlook brighter despite growth moderationGranular data show that…

Indonesia: No Sweat over Growth Moderation