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LPEM FEBUI Quarterly Economic Outlook 2020 Q1

Author

Listed:
  • Febrio Kacaribu

    (Institute for Economic and Social Research, Faculty of Economics and Business, Universitas Indonesia (LPEM FEB UI))

  • Nauli A. Desdiani

    (Institute for Economic and Social Research, Faculty of Economics and Business, Universitas Indonesia (LPEM FEB UI))

  • Syahda Sabrina

    (Institute for Economic and Social Research, Faculty of Economics and Business, Universitas Indonesia (LPEM FEB UI))

  • Teuku Riefky

    (Institute for Economic and Social Research, Faculty of Economics and Business, Universitas Indonesia (LPEM FEB UI))

Abstract

The economy continues to grow more slowly from 5.07% (y.o.y) in Q2-2019 to 5.02% (y.o.y) in Q3-2019. It is likely to be followed by similar performance in Q4-2019. Despite the ongoing global economic slowdown, manufacturing sector rebounds in Q3-2019 (4.15%) after two consecutive slower growth in 1H-2019. It could be a promising sign of further acceleration in 2020. On the other hand, consumption has declined as a consequence of rather weak spending due to rising global uncertainty.

Suggested Citation

  • Febrio Kacaribu & Nauli A. Desdiani & Syahda Sabrina & Teuku Riefky, 2020. "LPEM FEBUI Quarterly Economic Outlook 2020 Q1," LPEM FEBUI Quarterly Economic Outlook 202001, LPEM, Faculty of Economics and Business, University of Indonesia, revised Jan 2020.
    • Handle: RePEc:lpe:queout:202001
    as

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    File URL: https://www.lpem.org/repec/lpe/queouts/IEO202001.pdf
    File Function: First version, 2020
    Download Restriction: no
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