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The Jakarta Post
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GDP-growth

Consumer spending to contract in 2020 as pessimism takes hold
Business 5 months ago

Consumer spending to contract in 2020 as pessimism takes hold

Consumer spending, which accounts for more than a half of the country’s GDP, grew by just 2.84...
BI sees growth bottoming in Q2, pledges to use all instruments to bolster economy
Business 5 months ago

BI sees growth bottoming in Q2, pledges to use all instruments to bolster economy

BI’s forecast was based on the assumption that the virus outbreak would peak in May until mid-...
Indonesia’s economy heads into turbulence as Q1 growth plunges: Economists
Business 5 months ago

Indonesia’s economy heads into turbulence as Q1 growth plunges: Economists

Indonesia's gross domestic product (GDP) grew 2.97 percent year-on-year (yoy) in the first three...
Indonesia’s Q1 economic growth the weakest since 2001, slows more than expected
Business 5 months ago

Indonesia’s Q1 economic growth the weakest since 2001, slows more than expected

The economy grew 2.97 percent in the first quarter, the weakest since 2001, as household spending an...
Coronavirus savages US economy in first quarter, bigger hit still to come
Business 6 months ago

Coronavirus savages US economy in first quarter, bigger hit still to come

United States gross domestic product declined at a 4.8 percent annualized rate last quarter.
Indonesia could enter recession as virus response remains fractured, unclear: Economists
Business 6 months ago

Indonesia could enter recession as virus response remains fractured, unclear: Economists

Economist Faisal Basri said that with the current containment measures, the country could see an eco...
South Korean economy shrinks 1.4% over coronavirus
Business 6 months ago

South Korean economy shrinks 1.4% over coronavirus

Private consumption fell 6.4 percent – the sharpest fall in more than two decades – &quo...
Manufacturers adapt to shifts in demand but layoffs continue
Business 6 months ago

Manufacturers adapt to shifts in demand but layoffs continue

Industry Minister Agus Gumiwang Kartasasmita said the industrial landscape was changing during the p...
Fitch Solutions slashes Indonesia’s economic growth projection due to pandemic
Business 6 months ago

Fitch Solutions slashes Indonesia’s economic growth projection due to pandemic

Fitch Solutions projected Indonesia’s private consumption to slow to 1.2 percent in 2020 ...
China’s economy shrinks for first time in decades as virus hits
Business 6 months ago

China’s economy shrinks for first time in decades as virus hits

China's gross domestic product shrank 6.8 percent in the first quarter from a year ago, the wors...
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