KONTAN.CO.ID - JAKARTA. Bank Indonesia (BI) projects Indonesia's economic growth in the first quarter of this year to reach 5.2%. The economic growth was sustained by consumption growth. "The factor is private consumption, government consumption, and consumption of non-household institutions. This is related to preparation for general elections," said BI Governor Perry Warjiyo, Friday (22/3). Consumption continues to grow due to low inflation rates. The government's social assistance program is a driver of household consumption.
Bank Indonesia estimates first-quarter economic growth to reach 5.2%
KONTAN.CO.ID - JAKARTA. Bank Indonesia (BI) projects Indonesia's economic growth in the first quarter of this year to reach 5.2%. The economic growth was sustained by consumption growth. "The factor is private consumption, government consumption, and consumption of non-household institutions. This is related to preparation for general elections," said BI Governor Perry Warjiyo, Friday (22/3). Consumption continues to grow due to low inflation rates. The government's social assistance program is a driver of household consumption.