On Friday (06/03) Indonesia Investments released the February 2020 edition of its monthly update. In this second edition of 2020 we zoom in on the impact of the novel coronavirus (COVID-19) outbreak on the Indonesian economy.
In February 2020 the coronavirus spread across the world and this outbreak has huge consequences for the global economy, including the economy of Indonesia. Indeed, so far, there are only four confirmed COVID-19 cases in Indonesia. However, this does not mean the impact of the global virus outbreak on Indonesia is limited.
Trade flows, supply and demand, investment realization, events, and tourism are all heavily affected by the coronavirus outbreak. Therefore, economic growth of Indonesia in 2020 has been revised down by 0.3 percentage points to 4.85 percent year-on-year (y/y).
In the February 2020 edition we discuss the impact of the coronavirus outbreak on the Indonesian economy in great depth. Other topics that are discussed in this report are Indonesia's cement industry, whether the Indonesian Islamic State sympathizers are welcome to return to Indonesia, and Indonesia's full-year 2019 gross domestic product (GDP) growth. Moreover, the report provides updates of key macroeconomic data such as the rupiah exchange rate, manufacturing activity, monetary policy, inflation and trade.
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Price per edition:
• IDR 150,000
• USD $10
• EUR €10
• SGD S$15
Take a Glance Inside the February 2020 Report: