Indonesia economy gathers momentum

nue in 2017, surpassing the 200 billion yuan mark for the first time, according to a statement on its website. It generated 422.6 billion kilowatt hours of electricity last year. The company is one of China’s top five power generators, and its business covers thermal power and clean energy. It has been included in the Fortune 500 list for six consecutive years. In 2017, the company reduced its coal consumption by 1.5 gram per kilowatt hour, shut down 510,000 kilowatts of coal-fired power capacity, and cut excess coal capacity by over 1.5 million metric tons. as the major reasons. February now marks the 17th consecutive month Australia’s interest rate has remained at the record low level. “With both CPI and underlying inflation running a little below 2 percent, inflation is likely to remain low for some time,” central bank governor Philip Lowe said. “However a gradual pick up in inflation is expected as the economy strengthens,” he added. “The central forecast is for CPI inflation to be a bit above 2.0 percent in 2018.” Indonesia’s economy expanded slightly as exports grew significantly amid rising commodity prices. The national statistics bureau said on Monday that the gross domestic product accelerated 5.07 percent in 2017, the highest since 2014 and slightly higher than that of 5.03 percent in 2016. In the fourth quarter, the economy expanded 5.19 percent compared with 5.06 percent during the same period last year.