especially for domestic consumptions 3) Inflation continuing to decelerate with core inflation at an 87 months low, implying a still weak domestic demand. For the second half of 2017, although the economy is
especially for domestic consumptions 3) Inflation continuing to decelerate with core inflation at 7-year low, implying a still weak domestic demand. For the second half of 2017, although the economy is
contractions for the month of July and August from the decreased in agricultural prices 2) Labour market - with employment rate and wage remain weak with the manufacturing sector not benefiting from the recovery
(especially in vehicles) in line with the improvement in household income from both farm and non-farm income. However, growth in non-durable and semi-durable goods remains weak. Private investment also
household purchasing power remained weak. Despite improvements of both farm and nonfarm income, households’ purchasing power is compressed by the high debt burden and the waning confidence regarding
to small and medium-sized exporters, resulting clearer signs of acceleration in industrial production. In the meantime, private consumption only grew slowly due to weak overall household purchasing
. IVL continues to be sole producer of NDC and continues to serve its demand. IPA margins remain very weak in this quarter as supplies exceed demand and further being squeezed by higher feedstock (mixed
. However, commercial banks remained tighten credit standards on loans to SMEs and household as their concern on a deterioration in debt serviceability especially weak financial position SMEs and high debt