Economy 
Topical Report Yearly Outlook 2010
Topical Report Yearly Outlook 2010
Yearly Outlook 2010
Friday, 29 January 2010 13:11
The outlook for the global economy is brighter in 2010. This should have a positive impact on the Indonesian economy. The Indonesian economy reached the lowest point of its downturn in February 2009 and since March 2009 has entered an expansionary phase.
This expansion could last several years. Note that in the last business cycle, the Indonesian economy expanded for around seven years.
We believe the Indonesian economy will grow faster in 2010, with a more balanced engine of growth:
- Exports will grow in double digits
- Housing purchasing power will remain intact
- Interest rates are expected to stay at a low level.
- Strong demand shall eventually lead to brisker investment activity.
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