Moody's Cuts Indonesia's 2020 Economic Growth Projection to 4.8%
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Moody's rating agency revised its projection for Indonesia's economic growth in 2020. In a previous report, Indonesia's economy was projected to grow by 4.9%. However, due to the threat of the spread of the coronavirus (COVID-19), Indonesia's economic growth is now projected at 4.8% in an optimistic scenario and 4.5% in a pessimistic scenario.
Besides Indonesia, other G20 countries have also been impacted by COVID-19. One example is Italy, which has the highest number of virus cases in Europe. As a result, Italy's economic projection has been revised to -0.5% from the previous projection of 0.5%. Furthermore, Japan's economic growth projection has been cut from 0.3% to 0%.
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Related Data
Market Data
| Name | Value | % | |
|---|---|---|---|
| Inflasi yoy (Jun) | 3,34% | +0.26 | |
| Inflasi mom (Jun) | 0,44% | +0.16 | |
| Economic growth | 5,11% | +0.08 | |
| Pertumbuhan ekonomi (yoy) (Q1) | 5,61% | +4.08 | |
| Persentase kemiskinan (Des) | 7,50% | -0.75 | |
| Gini rasio (Sem2) | 0,38 | 0.00 | |
| Nilai Tukar USDIDR | 18.059 | -0.09 | |
| PDB ADHK (Q1) | 3.447,70 | -0.77 | |
| Ekspor Migas (Mei) | 758,10 | -34.38 | |
| Neraca perdagangan (Mei) | -1,61 | -1,907.18 | |
| Impor Migas (Mei) | 4,51 | -1.82 | |
| Ekspor (Mei) | 23,20 | -8.30 | |
| Impor (Mei) | 24,81 | -1.59 | |
| Kunjungan Wisman (Mei) | 1,38 | +10.69 | |
| NTP (Jun) | 114,65 | +0.76 |