Flash News

Investment led recovery

Indonesia real GDP grew 5.2% yoy in 4Q17, slightly above consensus expectation of 5.1%. Investment continue to lead the economy recovery, with machinery investments grew by 22% yoy. This brings FY2017 real GDP reach 5.1%, strongest growth since 2013. We reiterate our view that gradual economy recovery should continue this year within our forecast of 5.2-5.3% in FY2018.

What will be the growth drivers in 2018?