Indonesia's second quarter GDP crashed to 5.8%

Blame it on sluggish private consumption and investment.

According to BBVA Research, Indonesia's second quarter GDP came in at a lower-than-expected 5.8% (BBVA: 6.0%; consensus: 5.9%) on weaker private consumption and investment.

Here's more:

The outturn is the fourth consecutive quarter of slowing growth, after peaking at 6.4%% in Q2 last year. The slowdown reflects the impact of uncertainty about the timing of an administered fuel price that took effect in June and subsequent inflation (8.6% y/y in July), hikes in interest rates by Bank Indonesia (75 bps in May and June), and weaker commodity prices.

The currency has also been under downward pressure from capital inflows, and at 10,250 per USD is at its lowest level since September 2009. We still expect growth to reach around 6% in 2013 and 6.2% in 2014 on the strength of domestic demand.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia