Maluku's Economy Shows Slower Growth in Q3 2021
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The Central Statistics Agency (BPS) reported that Maluku's economy grew by 4.17% year-on-year (yoy) in the third quarter of 2021. This growth slowed from 4.64% (yoy) in the previous quarter.
However, Maluku's economic growth in the last quarter was still higher than the same period the previous year. Maluku's economy contracted by 2.6% in the third quarter of 2020.
BPS stated that household consumption contributed 67.77% to Maluku's total economy. However, growth in this component slowed from 1.15% in the second quarter of 2021 to 0.06% in the third quarter of 2021.
Government consumption contributed 37.87% to Maluku's economy. Growth in this component also slowed from 15.21% to 3.14%.
Gross Fixed Capital Formation (GFCF) was the third-largest contributor to Maluku's economy. Unlike the previous components, GFCF increased from 4.1% to 5.09%.
Meanwhile, the trade component experienced positive growth. Maluku's foreign exports amounted to 2.01% in the third quarter of 2021, up from a contraction of 40.02% in the previous quarter.
Import growth was 38.83% in the last quarter. This figure is significantly higher than the second quarter of 2021, which contracted by 33.87%.
Finally, the growth of non-profit institutions serving households (LNPRT) was 3.16%. This figure is better than the previous quarter, which experienced a contraction of 1.26%.
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
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| Inflasi yoy (Jul) | 2,88% | -0.46 | |
| Inflasi mom (Jul) | -0,14% | -0.58 | |
| 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 | 17.916 | +0.01 | |
| PDB ADHK (Q1) | 3.447,70 | -0.77 | |
| Neraca perdagangan (Jun) | -450,50 | -72.02 | |
| Ekspor Migas (Jun) | 1,07 | +40.52 | |
| Impor Migas (Jun) | 4,56 | +0.96 | |
| Ekspor (Jun) | 25,46 | +9.72 | |
| Impor (Jun) | 25,91 | +4.41 | |
| Kunjungan Wisman (Mei) | 1,38 | +10.69 | |
| NTP (Jul) | 116,16 | +1.32 |
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