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Economic Growth in East Java 2014

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Release Date	:	March 19, 2015
File Size	:	1.11 MB

Abstract

ECONOMIC GROWTH EAST JAVA 2014,5.86 PERCENT SLOWED SINCE THREE YEARS

East Java's economy in 2014 as measured by Gross Domestic Product (GDP) at current prices reached Rp1.540,7 billion and GDP per capita reached Rp39,9 million or US $ 3,362,

East Java economy grew 5.86 percent in 2014 compared to the year 2013 slowed down by 6.08 percent. On the production side, the highest growth achieved by Business Sector Provision Accommodation And Eat Drink of 8.88 percent. On the expenditure side the highest growth achieved by Component Consumption Expenditures Non-profit Institutions 13.39 percent.

East Java Economic fourth quarter of 2014 compared to the fourth quarter of 2013 (y-on-y) grew by 6.01 percent increase compared to the same period the previous year at 5.96 percent.

East Java Economic fourth quarter of 2014 contracted by 1.52 percent compared to the previous quarter (q-to-q). On the production side, this is due to seasonal effects in the business field of Agriculture, Forestry, and Fisheries who grew minus 26.22 percent. On the expenditure side caused by Component Changes in inventories grew minus 6.32 percent.

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