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JAKARTA - Standard Chartered Bank (Stanchart) only predictsIndonesia's economic growth this year at 5.8 percent rate. It is as the impact of global economic slowdown which will affect toIndonesia through two pathways.
"Indonesia's economy relies on a high 65 percent of domesticconsumption so as not affected the global economic slowdown.Even so, Indonesia's economic growth is not our predictions forlast year's 6.5 percent. This year, we forecast economic growth atjust 5.8 percent, "said Chief Economy Ichsan Standard Chartered Bank in his presentation at the Global Research Briefing, at the Hotel Kempinski, Jakarta, Wednesday (11/01/2012).
Slowing world economy, affect the conclusions of research Fauzi.In this year, especially trade export demand will slow. Worldeconomic slowdown is also evident from the weakening of FDI(foreign direct investment) and foreign exchange rate.
"Domestic consumption this year will grow approximately 4.7 percent, while investment will only grow 8.2 percent this year from 2011 and which reached 10.3 percent," he continued.
According to Fauzi, as well as before many analysts predict, the rate of inflation until the end of this year at five per cent. This is due to several important things such as restrictions on fuel andrice prices due to limited stocks of rice imported from Thailandbecause of flooding.
"But this will not be too influential to the current account surplus(current account). Balance will be a surplus of approximately $ 3billion-$ 4 billion due to economic slowdown. While the trade balance to a surplus of approximately USD31 billion-USD34billion at the end of 2012 because Indonesia that rely oncommodity exports, "he said. (WDI)
"Indonesia's economy relies on a high 65 percent of domesticconsumption so as not affected the global economic slowdown.Even so, Indonesia's economic growth is not our predictions forlast year's 6.5 percent. This year, we forecast economic growth atjust 5.8 percent, "said Chief Economy Ichsan Standard Chartered Bank in his presentation at the Global Research Briefing, at the Hotel Kempinski, Jakarta, Wednesday (11/01/2012).
Slowing world economy, affect the conclusions of research Fauzi.In this year, especially trade export demand will slow. Worldeconomic slowdown is also evident from the weakening of FDI(foreign direct investment) and foreign exchange rate.
"Domestic consumption this year will grow approximately 4.7 percent, while investment will only grow 8.2 percent this year from 2011 and which reached 10.3 percent," he continued.
According to Fauzi, as well as before many analysts predict, the rate of inflation until the end of this year at five per cent. This is due to several important things such as restrictions on fuel andrice prices due to limited stocks of rice imported from Thailandbecause of flooding.
"But this will not be too influential to the current account surplus(current account). Balance will be a surplus of approximately $ 3billion-$ 4 billion due to economic slowdown. While the trade balance to a surplus of approximately USD31 billion-USD34billion at the end of 2012 because Indonesia that rely oncommodity exports, "he said. (WDI)
source: okezone.com
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