Meanwhile Gross Fixed Capital Formation (PMTB) or investment only grew 3.74% yoy after reaching 7.54% yoy in the previous quarter.Īlso Read: Indonesia’s economy is predicted to grow 3.4% this year For example, household consumption only grew 1.03% yoy after growing 5.96% yoy in the second quarter of 2021. These tight activity restrictions also put pressure on the growth of the spending component. This causes domestic demand to decline,” said Faisal to .id, Friday (11/5). “So the government implements stricter mobility restrictions and hampers mobility. Indonesia’s economic growth in the third quarter of 2021 was recorded at only 3.5% yoy, or lower than the growth in the second quarter of 2021 which was 7.07% yoy.īank Mandiri economist Faisal Rachman saw that the slowdown in economic growth in the third quarter of 2021 could not be separated from the increase in daily Covid-19 cases due to the entry of the Delta variant.
Reporter: Bidara Pink | Editor: Herlina Kartika Dewi
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