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 (Sep) | 3,28% | +0.09 | |
| Inflasi mom (Agu) | 0,21% | +0.35 | |
| Economic growth | 5,11% | +0.08 | |
| Pertumbuhan ekonomi (yoy) (Q1) | 5,61% | +4.08 | |
| Persentase kemiskinan (Mar) | 8,07% | -0.18 | |
| Gini rasio (Sem2) | 0,38 | 0.00 | |
| Nilai Tukar USDIDR | 17.876 | -0.06 | |
| PDB ADHK (Q2) | 3.576,20 | +3.73 | |
| Ekspor Migas (Agu) | 992,20 | +25.98 | |
| Neraca perdagangan (Agu) | 3,55 | +2,814.03 | |
| Impor Migas (Agu) | 3,53 | -6.37 | |
| Ekspor (Agu) | 26,61 | +1.51 | |
| Impor (Agu) | 23,06 | -11.63 | |
| Kunjungan Wisman (Agu) | 1,60 | +4.89 | |
| NTP (Jul) | 116,16 | +1.32 |