The central bank (Bank Indonesia/BI) expects Indonesia’s economic growth in the second quarter of 2016 to improve slightly to 4.9-5% (y/y) compared to the 4.92% (y/y) GDP growth realization in the first quarter of the year. Regarding growth in full-year 2016, BI remains optimistic that a 5.4% growth pace can be achieved supported by a looser monetary policy (that should boost demand for credit).To subscribe please click here
