The logistics sector (warehousing and supporting services for transportation, post, and courier) economy in Q3 2018, based on current prices, reached Rp 33.44 trillion in Gross Domestic Product (GDP). Cumulatively, from Q1 to Q3, it reached Rp 97 trillion, compared to Rp 87 trillion in the same period the previous year.
Meanwhile, based on constant prices, the logistics sector GDP in the third quarter of this year reached Rp 17.87 trillion, growing 3.96% quarter-on-quarter (QoQ) and 5.57% year-on-year (YoY). Cumulatively from Q1 to Q3 2018, it reached Rp 51.57 trillion, representing an 8.64% growth compared to the same period the previous year.
Although still positive, the growth of the warehousing and supporting services for transportation, post, and courier sector in the third quarter of this year experienced a slowdown after the peak demand for goods during Ramadan and Eid al-Fitr. Towards the end of the year, the logistics sector in Q4 2018 is expected to grow again, driven by increased demand for goods in anticipation of Christmas and New Year 2019 celebrations.