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Jakarta, Indonesia : Condominum Snapshot - Q3 2014

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Jakarta, Indonesia : Condominum Snapshot - Q3 2014

Third quarter GDP growth was in line with Bank Indonesia’s full year growth projections, reaching the lower end of the forecast of 5.1% - 5.5% range. The stock market composite index increased 7.4% during the quarter, closing at 5,225 on September 22nd. On the currency side, the US Dollar experienced a depreciation by 0.23 to Rp. 12,003 per US$ 1.00, whilst inflation for the first 9 months reached 3.42%, with rising food prices being the largest contributor to this.

Source : Cushman & Wakefield

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Keywords : Cushman & Wakefield