DENPASAR. Indonesia's Bali province saw its economy growing by 6,04% in the first quarter of 2016, compared to 5,95% in the previous quarter, with real output reaching Rp 32 trillion, according to Bank Indonesia (BI). "The economic growth is higher than the national economic growth figure of 4,92% (year-on-year)," Head of the BI Representative Office in Bali, Dewi Setyowati, said here on Saturday. She said a decline in fuel oil prices, electricity tariff and LPG price throughout the first quarter of 2016 pushed household consumption which contributed 9,05% to the economic growth.
Bali's first quarter economic growth 6,04%
DENPASAR. Indonesia's Bali province saw its economy growing by 6,04% in the first quarter of 2016, compared to 5,95% in the previous quarter, with real output reaching Rp 32 trillion, according to Bank Indonesia (BI). "The economic growth is higher than the national economic growth figure of 4,92% (year-on-year)," Head of the BI Representative Office in Bali, Dewi Setyowati, said here on Saturday. She said a decline in fuel oil prices, electricity tariff and LPG price throughout the first quarter of 2016 pushed household consumption which contributed 9,05% to the economic growth.