RI economy to remain robust in third quarter

[Indonesia promotor]

Aditya Suharmoko , The Jakarta Post , Jakarta | Fri, 10/03/2008
11:37 AM | Business

The Indonesian economy is estimated to grow by more than 6 percent
during the year's third quarter on the back of robust private
consumption, investment and export, the Finance Ministry says. Private
consumption, especially in consumer goods, between July and September
"remained strong", the Finance Ministry head of fiscal policy, Anggito
Abimanyu, said Wednesday. "Growth in consumer goods was relatively
high. Exports were also on track although imports were relatively
high," Anggito said. The Finance Ministry will provide an exact figure
Monday, he said. Southeast Asia's biggest economy has seen car and
motorcycle sales grow at the fastest pace since the 1997 Asian
financial crisis, as commodity boom makes people living in plantation
and mining areas wealthier. The number of motorcycle sales is often
used to gauge the purchasing power of middle to lower-income people,
while car sales gauge that of the middle to upper-income bracket. More
information: http://www.itpponline.biz/JKP0410082.htm