Indonesia July-September GDP minus 3.49% year-on-year Corona impact November 5, 17:54
Indonesia, which has the largest economy in Southeast Asia, grew GDP = gross domestic product from July to September at minus 3.49% compared to the same period last year, for the second consecutive quarter due to the impact of the new coronavirus. It became a minus of.
The Indonesian Central Statistics Bureau announced on the 5th that the growth rate of GDP from July to September was 3.49% lower than the same period last year.
This is the first time since 1999 after the Asian currency crisis that it has fallen below the same period of the previous year for the second consecutive term.
The main reasons for this are the continued deterioration of business performance in the manufacturing and restaurant industries, and the decline in personal consumption, which has supported economic growth.
In Jakarta, the capital, restrictions on corporate activities and civilian life have been temporarily tightened since the beginning of September to curb the spread of the infection, but both the infected and the dead are currently the highest in Southeast Asia.
The number of unemployed people due to the effects of the new coronavirus is 2.56 million, so Nishi of Daiichi Seimei Keizai Kenkyusho * Chief economist Toru Hama said, "Although it has recovered from the previous three months, it is difficult to see the bottom. It is analyzed.
Indonesia maintains economic growth of around 4% to 6% every year, and about 1900 Japanese companies are expanding into Indonesia, making it one of the important investment destinations for Japan.
* Hama has "shellfish" instead of "eyes" under "eyebrows" under Sanzuihennikanmuri.