(EDITORS NOTE: Image taken with drone) An overview of the atmosphere of the Semanggi street in economic growth in Indonesia was recorded at (yoy) in the first quarter of 2020, down from (yoy) in the previous period. April 2020 data points to a persistent economic slowdown as reflected by declines revealed in the latest Retail Sales Survey and Purchasing Managers Index. Bank Indonesia is projecting lower economic growth in line with the impact of COVID-19 however in 2021, economic growth is expected to rebound on global economic gains and the positive impact of exis
(EDITORS NOTE: Image taken with drone) An overview of the atmosphere of the Semanggi street in economic growth in Indonesia was recorded at (yoy) in the first quarter of 2020, down from (yoy) in the previous period. April 2020 data points to a persistent economic slowdown as reflected by declines revealed in the latest Retail Sales Survey and Purchasing Managers Index. Bank Indonesia is projecting lower economic growth in line with the impact of COVID-19 however in 2021, economic growth is expected to rebound on global economic gains and the positive impact of existing stimuli.
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Photo credit: © SOPA Images / Alamy / Afripics
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Keywords: business, crisis, economy, infrastructure, jakarta, semanggi, street
