Indonesia is in Recession! - Economy - magz.tempo.co

maaf email atau password anda salah

Indonesia is in Recession!

Tuesday, March 3, 2009

The latest economic growth data published by the Central Bureau of Statistics shows relatively good economic growth in 2008. However, our economic growth today has actually entered a recession period. Will we experience negative economic growth (contraction) this year?

. tempo : 173223751074.

INDONESIA’S economy in the fourth quarter of last year grew at a rate of 5.2 percent. The figure is lower than the third quarter’s, which was 6.1 percent. The last quarter’s growth was contributed by household expenditure growth (4.8 percent), government expenditure (16.3 percent), and export (1.8 percent). In 2008, Indonesia’s economic growth was 6.1 percent.

Amid the recession sweeping the world economy today, such growth is considered

...

Subscribe to continue reading.
We craft news with stories.

For the benefits of subscribing to Digital Tempo, See More

The Best Choice

Rp 54.945/Month

Active for 12 Months, Rp 659.340

*You Save -Rp 102.000
*Guaranteed update of up to 52 Editions of Tempo Magazine

Subscribe

Rp 64.380/Month

Active Every Month Cancel Anytime

*Free for the first month if using a Credit Card

Subscribe

See Other Packages

Already a Subscribed?
To receive daily news by Email,

More Articles

THAILAND
Tactics to Shake Abhisit

Tempo English Tuesday, March 3, 2009
THAILAND
Tactics to Shake Abhisit

Tempo English Tuesday, March 3, 2009
THAILAND
Tactics to Shake Abhisit

Tempo English Tuesday, March 3, 2009
THAILAND
Tactics to Shake Abhisit

Tempo English Tuesday, March 3, 2009

More exclusive contents

November 18, 2024
November 11, 2024
November 4, 2024
October 28, 2024

Independent journalism needs public support. By subscribing to Tempo, you will contribute to our ongoing efforts to produce accurate, in-depth and reliable information. We believe that you and everyone else can make all the right decisions if you receive correct and complete information. For this reason, since its establishment on March 6, 1971, Tempo has been and will always be committed to hard-hitting investigative journalism. For the public and the Republic.