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Indonesia Economic Outlook 0 comments
Indonesia's economy has so far remained resilient in the face of a global slowdown thanks to robust investment and buoyant domestic demand in the world's fourth most populous nation. Healthy third quarter GDP numbers indicate growth for the full year is likely to come in within Bank Indonesia's 2012 target of 6.1-6.5 percent.
The continued strength of domestic consumption was highlighted by a 28 percent jump in vehicle sales in September, despite new down payment requirements for auto purchases.
Retail sales grew by 11.4 percent in August, down from 20 percent a month earlier.
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www.livetradingnews.com/indonesia-econom...
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