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 (Jan17)5.0 4.0
Broad Money Growth 2 10.0 (Dec16)10.0 9.4
Headline Inflation Rate 3 3.0 (Dec16)3.6 3.4
Industrial/ Manufacturing Production Growth Rate 3 -2.3 (Nov16)-2.2 6.6
Merchandise Export Growth 3 15.6 (Dec16)15.6 21.4
Exchange Rate Index 4 141.3 (Jan17)141.3 141.8
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.