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2015 OECD Economic Outlook, Volume 2015 Issue 1

image of OECD Economic Outlook, Volume 2015 Issue 1

The OECD Economic Outlook  is the OECD's twice-yearly analysis of the major economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, prices, fiscal and current account balances.

Coverage is provided for all OECD member countries as well as for selected non-member countries. This issue includes a general assessment, chapters summarising developments and providing projections for each individual country, a special chapter on investment and a statistical annex.

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Indonesia

Economic growth has weakened in recent quarters, but activity is projected to pick up later in 2015 and strengthen further in 2016, as public spending gathers pace, confidence recovers and the expansionary impact of the depreciation of the rupiah takes hold. After spiking, following the removal of fuel subsidies, inflation is now moderating, in large part because of the fall in energy prices. Inflation is likely to stay high, as the recent currency weakness offsets lower energy prices. The exchange rate may remain fragile as the external imbalance persists.

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