QUARTERLY ANALYSIS: THE DYNAMICS OF MONETARY, BANKING AND PAYMENT SYSTEM, QUARTERLY II, 2013 | Zendy

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QUARTERLY ANALYSIS: THE DYNAMICS OF MONETARY, BANKING AND PAYMENT SYSTEM, QUARTERLY II, 2013

Author(s) -

Bank Indonesia Quarterly Report Team

Publication year - 2014

Publication title -

deleted journal

Language(s) - English

Resource type - Journals

SCImago Journal Rank - 0.505

H-Index - 4

ISSN - 2460-9196

DOI - 10.21098/bemp.v16i1.434

Subject(s) - quarter (canadian coin) , economics , slowdown , economic slowdown , inflation (cosmology) , purchasing power , monetary economics , consumption (sociology) , investment (military) , international economics , macroeconomics , economic growth , geography , social science , physics , archaeology , sociology , politics , theoretical physics , political science , law

The national economy showed lower growth than the first quarter of 2013 due to the impact of the global economic slowdown and rising inflation in the country. After registering a growth of 6.0% (yoy) in the first quarter of 2013, Indonesia’s economic growth slowed to 5.8% (yoy) in the second quarter of 2013. Despite positive growth, exports are still not strong enough to support economic growth as a result of the weakening global economic demand. Exports are not strong and the weakening purchasing power due to inflation has increasing influence to slowdown household consumption as well as non-construction investment.

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