Business Immo, the real estate website
Market Beat

Jakarta : Retail Snapshot - Q2 2013

Published on

A research produced by

Jakarta : Retail Snapshot - Q2 2013

GDP growth is projected to have reached 6.0 - 6.2% during the second quarter of 2013. For the full year, growth is forecast to be within the range of 6.3% to 6.8%. The stock market decreased 6.4% during the second 3 months of the year, with the composite index closing at 4,515 on June 21st. Onthe currency side, the Rupiah depreciated by 2.3% over the quarter to Rp. 9,936 per US$ 1.00. Meanwhile, Bank Indonesia took action to increase the BI Rate to 6.0%, after maintaining the rate at 5.75% for the previous five consecutive quarters. Inflation over the first five months of 2013 reached 2.3%, higher than the 1.15% recorded in the same period last year. This higher inflation was mainly attributed by rising food prices.

Source : Cushman & Wakefield

To access this content, you have to log in

In order to facilitate access to information during this difficult period for everyone, the Business Immo group has taken the decision to offer access to all of its content. You can therefore create your account for free.