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Economic growth in Southeast Sulawesi -2015 Third Quarter Grows 6.96 Percent (Year on Year)

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Release Date	:	November 5, 2015
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Abstract

Southeast Sulawesi economy Quarter III-2015 as measured by Gross Domestic Product (GDP) at current prices reached Rp 22 809.35 billion at constant prices of 2010 reached Rp 18793.71 billion.
Economic Southeast Sulawesi-2015 third quarter grew 6.96 percent increase over the same period in 2014 amounted to 5.86 percent. In terms of production, the highest growth by Business Sector Mining and Quarrying amounted to 16.25 percent. On the expenditure side, the highest growth by components of Gross Fixed Capital Formation amounted to 10.08 percent.
Economic Southeast Sulawesi-2015 third quarter grew by 3.86 percent, slower than the previous quarter amounted to 6.54 percent (q-to-q). From the production side, it is caused by the high construction activity, especially activity that budget APBN / APBD. From the expenditure side caused by increased spending ,, all components except the components Exports of Goods and Services grew minus 8.39 percent.
From the production side, the business field Agriculture, Forestry and Fisheries Agriculture, Forestry and Fisheries of the most dominant contribution to the GDP of Southeast Sulawesi, amounting to 23.89 percent. On the expenditure side, GDP structure is dominated by components of Household Consumption, 49.98 percent.

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