Central bank (Bank Indonesia/BI) said national economic growth momentum continued to build in the second quarter (Q2) of 2018 on strong domestic demand. Investment is expected to remain solid. Strong domestic demand has edged up import growth. Meanwhile, export growth is lower than previously predicted due to sliding international commodity prices, then affecting the domestic economic growth outlook for 2018, which is approaching the lower end of the 5.1-5.5% range.
BI also reported that the national economy growth has signaled a better growth this year and confirmed its strong growth, inline with the improving installed production capacity in all business segments; agriculture, industry, electricity, gas, and drink water.
