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Business Sentiment Survey Desember 2017
February 06, 2018 07:55


Business sentiment strengthened during the reporting period of August and September 2017 as the central bank unexpectedly cut benchmark interest rates. As such, the Business Sentiment Index (BSI) rebounded 2.1 percent to 137.1.

Looking ahead over the next six months, CEOs are more upbeat on Indonesia’s economic outlook. Overall, 45.9 percent of CEOs remain upbeat on the economy, or far outnumbering the 9.3 percent of CEOs who are downbeat.

At the corporate level, CEOs claimed better corporate performance during the reporting months. At the top line, CEOs noted slightly brisker sales growth – this index added 0.4 percent to 105.4.

Commensurate with BI’s policy to cut rates, a greater proportion of the CEOs surveyed (17.6 percent) now believe that interest rates will decline over the next six months than in the previous survey (11.8 percent).

CEOs were once again more satisfied with the performance of the government. In our survey, the overall measure of Business Confidence in the Government (BCGI) rose a healthy 5.1 percent to 146.9.