ID :
15921
Fri, 08/15/2008 - 01:09
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https://www.oananews.org//node/15921
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RI'S H1 ECONOMIC GROWTH REACHES 6.36 PCT
Jakarta, Aug 14 (ANTARA) - The Indonesian economy expanded 2.44 percent in the second quarter of 2008, bringing the country's economic growth in the first half of this year to 6.36 percent and the year-on-year economic growth to 6.39 percent.
The country's gross domestic product (GDP) stood at Rp1,230.9 trillion based on the current prices in the second quarter of 2008 and Rp518.2 trillion based on the constant prices of 2000, Slamet Soetomo, deputy for balance sheet and statistic analysis to the head of the Central Bureau of Statistics (BPS), said on Thursday.
"This is consistent with the business tendency index. The second-quarter business tendency index exceeded 100, to be exact 111.72, indictating that the business condition is getting better," he said.
The BPS noted that three sectors saw higher growth in the second quarter of 2008 than in the previous quarter. They are the agricultural sector which expanded 5.08 percent, the transportation and communication sector 4.1 percent and the electricity, gas and clean water sector 3.6 percent.
Compared to the same period last year, the transportation and communication sector grew 19.6 percent, the electricty, gas and clean water sector 11.2 percent, and the finance, real estate and financial service sector 8.7 percent.
"The agricultural sector grew 5.08 percent thanks to the high prices of plantation commodities such as CPO, rubber and pepper on the export market," he said.
The processing industry, the agricultural sector, the trade, hotel and restaurant sector contributed 27.3 percent, 14.7 percent and 14.3 percent respectively to the GDP in the second quarter of 2008.
But the BPS noted the agricultural sector saw a decline in its capacity to create added value compared to the previous year.
"This is apparently because of seasonal factors for which we need to keep watch in the future," he said.
Compared to the previous quarter, household consumption in the second quarter of 2008 rose 1.1 percent, government consumption 21.2 percent, gross fixed capital 2.4 percent, goods and service exports 5.2 percent and goods and service imports 5.4 percent.
Compared to the same period last year, household consumption in the second quarter of 2008 increased 5.3 percent, government consumption 2.2 percent, gross fixed capital 12.8 percent, goods and service exports 16.1 percent and goods and service imports 16.7 percent.
The country's gross domestic product (GDP) stood at Rp1,230.9 trillion based on the current prices in the second quarter of 2008 and Rp518.2 trillion based on the constant prices of 2000, Slamet Soetomo, deputy for balance sheet and statistic analysis to the head of the Central Bureau of Statistics (BPS), said on Thursday.
"This is consistent with the business tendency index. The second-quarter business tendency index exceeded 100, to be exact 111.72, indictating that the business condition is getting better," he said.
The BPS noted that three sectors saw higher growth in the second quarter of 2008 than in the previous quarter. They are the agricultural sector which expanded 5.08 percent, the transportation and communication sector 4.1 percent and the electricity, gas and clean water sector 3.6 percent.
Compared to the same period last year, the transportation and communication sector grew 19.6 percent, the electricty, gas and clean water sector 11.2 percent, and the finance, real estate and financial service sector 8.7 percent.
"The agricultural sector grew 5.08 percent thanks to the high prices of plantation commodities such as CPO, rubber and pepper on the export market," he said.
The processing industry, the agricultural sector, the trade, hotel and restaurant sector contributed 27.3 percent, 14.7 percent and 14.3 percent respectively to the GDP in the second quarter of 2008.
But the BPS noted the agricultural sector saw a decline in its capacity to create added value compared to the previous year.
"This is apparently because of seasonal factors for which we need to keep watch in the future," he said.
Compared to the previous quarter, household consumption in the second quarter of 2008 rose 1.1 percent, government consumption 21.2 percent, gross fixed capital 2.4 percent, goods and service exports 5.2 percent and goods and service imports 5.4 percent.
Compared to the same period last year, household consumption in the second quarter of 2008 increased 5.3 percent, government consumption 2.2 percent, gross fixed capital 12.8 percent, goods and service exports 16.1 percent and goods and service imports 16.7 percent.
