Indonesia’s industrial production index to jump 1.1%

Its IP sector is a disappointment, says analyst.

Indonesia’s Dec'12 IIP data is due tomorrow.

According to Maybank Kim Eng, Indonesia’s industrial production index for December is expected at 1.1% (consensus) vs 0.1% in Nov'12.

Here’s more:

The index of industrial production (IIP) has been volatile and largely disappointing this year. There is no major pick up in the industrial production so far and the slowdown is driven by weak mining, natural gas and capital goods sector.


 



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