BI Board of Governor's Meeting, May 2019

Febrio Kacaribu (), Syahda Sabrina (), Nauli A. Desdiani () and Nisrina Qurratu’Ain ()
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Febrio Kacaribu: Institute for Economic and Social Research, Faculty of Economics and Business, Universitas Indonesia (LPEM FEB UI)
Syahda Sabrina: Institute for Economic and Social Research, Faculty of Economics and Business, Universitas Indonesia (LPEM FEB UI)
Nauli A. Desdiani: Institute for Economic and Social Research, Faculty of Economics and Business, Universitas Indonesia (LPEM FEB UI)
Nisrina Qurratu’Ain: Institute for Economic and Social Research, Faculty of Economics and Business, Universitas Indonesia (LPEM FEB UI)
Authors registered in the RePEc Author Service: Nisrina Qurratu'Ain

No 201905, LPEM FEBUI BI Board of Governor Meeting Brief from LPEM, Faculty of Economics and Business, University of Indonesia

Abstract: Slow investment due to the wait-and-see stance of investors amidst the general election and the trend of falling commodity prices has led to lower-than-expected economic growth in Q1 2019. By sector, lower growth was significantly contributed by the continuation of slowing manufacturing growth in the three consecutive quarters. Last month inflation figure remained low at 2.83% (yoy), compared to 3.41% inflation in the same month last year, reinforcing the notion that domestic demand has not fully responded to the democracy celebration and the upcoming Ramadhan season.

Keywords: gdp; —; economic; —; economic; outlook; —; inflation; —; macroeconomics; —; interest; rate (search for similar items in EconPapers)
Date: 2019-05, Revised 2019-05
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