stemmed partly from the low base of previous year and also from the launch of new car models. Based on the Bank in-house research, new car sales for the year 2017 is now projected to increase by 4.7% with
stemmed partly from the low base of previous year and also from the launch of new car models. Based on the Bank in-house research, new car sales for the year 2017 is now projected to increase by 8.0% with
farm and non-farm income. Public spending also increased from spending on goods and services and compensation expenses while capital spending declined from the high base effect of last year from the
decline is also partly due to the high base of last year. Public spending excluding transfers also declined from acceleration in disbursement during last year. Nevertheless, private consumption remains the
partly due to the high base of last year. Public spending excluding transfers also declined from acceleration in disbursement during last year. Nevertheless, private consumption remains the key driver with
due in part to the decline in export of electrical appliances, washing machines and solar cells from the US tax increase and the effect from high base of last year. Exports of electronic products also
expand its customer base and to garner higher sales volume per station, by expanding the number of standard sized service stations to cover more areas with high potential. As of Q3/2019, the total number
percent from previous year. Indonesia’s installed capacity is approximately 63,000 megawatts. Coal-fired and natural gas power plants play a significant role as base load generation. Demand growth is
affected oil usage in the agriculture sector, thus Diesel sales increased by 10% YoY. Retail sales volume (service station) increased 31 million liters (+3%) from an increase in customer base following the