Jumat 06 Nov 2015 11:16 WIB

BPS expects better growth in Q4

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Foto: Republika/Agung Supriyanto
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REPUBLIKA.CO.ID, JAKARTA -- The Central Bureau of Statistics (BPS) expects that Indonesia's economic growth in the fourth quarter of this year will be better than the third quarter which is recorded at 4.73 percent.

"We hope that the economic growth in the fourth quarter will be higher because the capital expenditure in the third quarter was beyond expectation," BPS Deputy for balance and statistics analysis Suhariyanto said on Thursday.

He was reluctant to make prediction on the expected growth rate in the fourth quarter, saying however that it would grow higher because the growth of the construction sector would be supported by capital expenditure absorption in the run-up to the end of the year.

Besides that, the government's economic policy packages announced in September and October 2015 will already have impacts because these packages can maintain the survival of industry and increase the purchasing power of the people.

"We have not yet felt the impacts of the policy packages now but I think they will already be felt in the fourth quarter. Food and beverage industries are also expected to grow and have impacts on household consumption," he said.

The BPS recorded Indonesia's economic growth in the third quarter of 2015 at 4.73 percent year-on-year, or much better than the growth in the first quarter at 4.72 and the second quarter at 4.67 percent.

Thus, the accumulate rate of economic growth up to the third quarter is recorded at 4.71 percent, or better than the accumulated growth rate in the first semester of 2015 at 4.69 percent.

sumber : Antara
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