2020 Economic Outlook: Challenging, But Bleaker
- Economic indicators measuring Indonesia’s economic growth as a whole will generally slow down next year. They will affect the target set by the government
- Household spending growth will get so much pressure from the implementation of various tariffs at the beginning of 2020, such as the increases in toll tariff rate and cigarette excise.
- The export performance will barely change in the short term, following the unimproved global commodity price. The global economic slowdown will expectedly continue in 2020.