Crushed by the Price of Food
September 8, 2010
THE Indonesian economy grew and exceeded its target of 6.2 percent in the first quarter of this year. The motor of this was still public spending, which has moved quickly during the last two quarters in a row. This sector grew by 4.89 percent. Exports and imports also rose quite well. On the other hand, government spending, which should be able to make the economic rate go faster, was somewhat feeble.
Government consumption was minus, or a drop of
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