Indonesian economy during the quarter I-2009 is estimated to begin with the slowed growth of only 4.6%. All lines triggered the slowing growth is estimated to include people from the consumption, investment and export-import activities.
Bank Indonesia's monetary policy report in Quarter I-2009 cited detikFinance, Tuesday (7/4/2009) mentioned, the rate weakening GDP Indonesia mainly driven by export performance down the sharp decline over the global economic activity weakening purchasing power and the community.
From the consumption of households during the quarter I-2009, BI growth estimate down sharply. Similarly, with private consumption is estimated to participate in the weakening purchasing power over weakening masayarakat due to decrease in revenue and increased PHK.
However, a decrease in consumption is expected to be a little restrained by the provision of direct cash assistance, civil servants and increase salaries of the election. Under these conditions, BI estimate household consumption growth slowed as much as 4.1% (The year on year).
While slowing private consumption growth is restrained by the transfer of Manpower of Indonesia (TKI) and election spending. Total foreign workers to remitansi-IV quarter 2008 show the trend is still increasing.
RI economy slowed, Import-Export Activities The Minus
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