In 2015, GDP growth was the slowest since 2009, as private consumption suffered from a decline in rural incomes, higher inflation, tighter consumer credit, and a weaker labor market. However, growth could accelerate in 2016 due to increased public investment in infrastructure and higher consumer spending.

Delays in key public infrastructure projects are a risk, due to a possible government revenue shortfall. This could be exacerbated by continued weak oil and commodity prices.

Source: Asian Development Outlook 2016, ADB.
Latest Month-Ago Year-Ago
Composite Stock Price Index 1 5.0 (Feb17)5.0 4.0
Broad Money Growth 2 10.0 (Mar17)10.0 9.3
Headline Inflation Rate 3 4.2 (Apr17)3.6 3.6
Industrial/ Manufacturing Production Growth Rate 3 3.3 (Feb17)3.9 6.9
Merchandise Export Growth 3 23.6 (Mar17)23.6 11.5
Exchange Rate Index 4 140.6 (Apr17)141.1 139.3
1 Monthly average, local index.
2 %.
3 y-o-y, %.
4 Monthly average, January 2006 = 100, $/local currency.
Source: Bloomberg LP; CEIC database; Badan Pusat Statistik.