Indonesia GDP growth increased to 5.0% y-o-y in 4Q, after holding stable at +4.7% in the previous three quarters. This was due to higher gross fixed capital formation (investment) and government consumption spending but offset partly by a smaller net export and a moderation in household consumption.
By industrial origin, this was reflected in faster growth in electricity & gas activities and activities in transport & warehousing; accomodation, food & beverages; construction; financial services & insurance; services and trade sectors. A slowdown in manufacturing, agriculture, mining, water supply, information & communication, and real estate sectors, however, posed a dragged to the overall growth.
Overall, 4Q 2015 economic growth showed resilient domestic demand helped cushioned sluggish external trade performance.
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