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Macro - Country Economic Forecasts - Indonesia

Publisher Oxford Economics
Published Mar 17, 2022
Length 10 Pages
SKU # OFE17046418

Description

Macro - Country Economic Forecasts - Indonesia

We have significantly downgraded our 2023 GDP growth forecast for Indonesia by 0.8ppts to 5.7% from our February baseline. This mainly reflects a slower domestic demand recovery from Q2 onwards with the Russia-Ukraine war resulting in higher global energy and food prices, which will affect domestic prices despite subsidies. Still, our 2022 and 2023 growth forecasts remain above the historical trend and consensus as we see more room for domestic demand to run.

Table of Contents

10 Pages
Indonesia: Weaker 2023 forecast reflects slower demand recovery
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Risk warnings
What to watch out for
Exposure to key global risks
Long-term prospects
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Policy
Politics

Pricing

Currency Rates
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