Indonesia Economic Quarterly, September 2018 : Urbanization for All

Indonesia Economic Quarterly, September 2018 : Urbanization for All

Real GDP grew 5.3 percent in the second quarter of 2018 from the previous year, as domestic demand strengthened. Private and government consumption accelerated thanks to higher subsidy and personnelspending, a pick-up in credit growth, higher agric...

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Bibliographic Details
Main Author: World Bank
Format: Report
Language:English
Published: World Bank, Washington, DC 2018
Subjects:
URBANIZATION
ECONOMIC GROWTH
ECONOMIC OUTLOOK
FISCAL TRENDS
COMMODITIES
TRADE
INFLATION
LABOR MARKET
POVERTY RATE
RURAL MIGRATION
INEQUALITY
HOUSING
CONNECTIVITY
Online Access:http://documents.worldbank.org/curated/en/498361537371495086/Indonesia-Economic-Quarterly-Urbanization-for-All
http://hdl.handle.net/10986/30448
id okr-10986-30448
recordtype oai_dc
spelling okr-10986-304482021-06-14T10:04:23Z Indonesia Economic Quarterly, September 2018 : Urbanization for All World Bank URBANIZATION ECONOMIC GROWTH ECONOMIC OUTLOOK FISCAL TRENDS COMMODITIES TRADE INFLATION LABOR MARKET POVERTY RATE RURAL MIGRATION INEQUALITY HOUSING CONNECTIVITY Real GDP grew 5.3 percent in the second quarter of 2018 from the previous year, as domestic demand strengthened. Private and government consumption accelerated thanks to higher subsidy and personnelspending, a pick-up in credit growth, higher agricultural incomes, and stable inflation. Strong job markets also helped: the employment rate reached a two-decade high of 65.7 percent in February, with the unemployment rate falling to 5.1 percent. Growth of machinery and equipment investment remained robust, but overall gross fixed capital formation (GFCF) slowed because investments in structures and buildings (three-quarters of GFCF) moderated, partly due to fewer working days. Despite escalating protectionism, both exports and imports grew over the quarter. Because import volumes grew nearly twice as fast as exports, net exports contracted, weighing on overall economic growth. 2018-09-26T21:13:10Z 2018-09-26T21:13:10Z 2018-09 Report http://documents.worldbank.org/curated/en/498361537371495086/Indonesia-Economic-Quarterly-Urbanization-for-All http://hdl.handle.net/10986/30448 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work :: Economic Updates and Modeling Economic & Sector Work East Asia and Pacific Indonesia
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic URBANIZATION
ECONOMIC GROWTH
ECONOMIC OUTLOOK
FISCAL TRENDS
COMMODITIES
TRADE
INFLATION
LABOR MARKET
POVERTY RATE
RURAL MIGRATION
INEQUALITY
HOUSING
CONNECTIVITY
spellingShingle URBANIZATION
ECONOMIC GROWTH
ECONOMIC OUTLOOK
FISCAL TRENDS
COMMODITIES
TRADE
INFLATION
LABOR MARKET
POVERTY RATE
RURAL MIGRATION
INEQUALITY
HOUSING
CONNECTIVITY
World Bank
Indonesia Economic Quarterly, September 2018 : Urbanization for All
geographic_facet East Asia and Pacific
Indonesia
description Real GDP grew 5.3 percent in the second quarter of 2018 from the previous year, as domestic demand strengthened. Private and government consumption accelerated thanks to higher subsidy and personnelspending, a pick-up in credit growth, higher agricultural incomes, and stable inflation. Strong job markets also helped: the employment rate reached a two-decade high of 65.7 percent in February, with the unemployment rate falling to 5.1 percent. Growth of machinery and equipment investment remained robust, but overall gross fixed capital formation (GFCF) slowed because investments in structures and buildings (three-quarters of GFCF) moderated, partly due to fewer working days. Despite escalating protectionism, both exports and imports grew over the quarter. Because import volumes grew nearly twice as fast as exports, net exports contracted, weighing on overall economic growth.
format Report
author World Bank
author_facet World Bank
author_sort World Bank
title Indonesia Economic Quarterly, September 2018 : Urbanization for All
title_short Indonesia Economic Quarterly, September 2018 : Urbanization for All
title_full Indonesia Economic Quarterly, September 2018 : Urbanization for All
title_fullStr Indonesia Economic Quarterly, September 2018 : Urbanization for All
title_full_unstemmed Indonesia Economic Quarterly, September 2018 : Urbanization for All
title_sort indonesia economic quarterly, september 2018 : urbanization for all
publisher World Bank, Washington, DC
publishDate 2018
url http://documents.worldbank.org/curated/en/498361537371495086/Indonesia-Economic-Quarterly-Urbanization-for-All
http://hdl.handle.net/10986/30448
_version_ 1764472150264119296

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