October 19, 2025 | 06:32 pm
TEMPO.CO, Jakarta - Bank Indonesia's (BI) latest business activity survey projects a slowdown in business activities during the fourth quarter of 2025. Respondents estimate activity will continue to grow but at a lower rate, reflected by a Weighted Net Balance (WNB) of 10.53 percent.
This predicted figure marks a decrease compared to the performance in the third quarter of 2025 (WNB of 11.55 percent) and the fourth quarter of 2024 (WNB of 12.46 percent).
Ramdan Denny Prakoso, Executive Director of the BI Communication Department, stated that business activities are expected to maintain positive growth across the majority of business fields. This resilience is particularly noted in wholesale and retail trade, and motor vehicle repair; transportation and warehousing; accommodation and food/beverage services; as well as information and communication.
Denny noted that this projected growth aligns with the increased activities typically seen during the national religious holiday of Christmas and the end-of-year holidays.
The survey indicates that the wholesale and retail trade and motor vehicle repair sector is predicted to lead the Q4 growth with a WNB of 1.14 percent. Following closely are transportation and warehousing at 1.06 percent, and information and communication at 0.96 percent. The accommodation and food and beverage services sector is also forecast for positive growth, with a WNB of 0.83 percent.
Conversely, the fields of agriculture, forestry, and fisheries are predicted to experience a contraction, with a WNB level of -0.86 percent, which acts as a restraint on overall business activity growth.
While business performance continued to grow positively in the third quarter of 2025, the rate of growth moderated compared to the previous quarter (Q2 2025 recorded a WNB of 11.70 percent).
The performance of several business activities improved in Q3, led by robust growth in Financial Services at a WNB of 2.20 percent. Other strong performers included the Manufacturing sector at 1.61 percent and Construction at 1.12 percent.
Furthermore, Government Administration, Defense, and Mandatory Social Security recorded a WNB of 0.79 percent, and Mining and Quarrying achieved 0.64 percent. However, some key sectors showed moderated performance in Q3, including wholesale and retail trade and motor vehicle repair (WNB of 0.92 percent) and agriculture, forestry, and fisheries (WNB of 0.87 percent).
Editor’s Choice: Bank Indonesia Records Slower Growth of External Debt in August 2025
Click here to get the latest news updates from Tempo on Google News
Bank Indonesia Records Slower Growth of External Debt in August 2025
3 hari lalu
Bank Indonesia (BI) records Indonesia's external debt (ULN) in August 2025 grew at a slower rate, 2.0 percent (yoy) to reach US$ 431.9 billion.
Indonesia's Purbaya Mulls Additional Cash Injection for State-Owned Banks
5 hari lalu
Finance Minister Purbaya Yudhi Sadewa has spoken about the chance to inject additional funds into state-owned banks (Himbara).
Bank Indonesia Records Rp1.19 Trillion Foreign Capital Outflow This Week
8 hari lalu
Since the beginning of the year until October 10, 2025, Bank Indonesia recorded a net outflow of foreign capital reaching Rp132 trillion in SRBI.
Jakarta Mulls Fare Hikes for Transjakarta
9 hari lalu
The Transjakarta fare has not increased since it first operated in 2005.
Today's IHSG Closes Higher, Led by Transport and Logistics Sector
9 hari lalu
The Jakarta Composite Index (IHSG) rose 1.04 percent to 8,250.94 on Thursday, driven by gains in transport and logistics stocks.
Bank Indonesia Survey: Real Sales Index Rises 3.5% in September
10 hari lalu
The Bank Indonesia survey indicates that retailers expect retail sales to increase in November 2025 but decrease in February 2026.
Optimism from the Indonesian Finance Minister Regarding Consumer Confidence in October 2025
10 hari lalu
Regarding public pessimism about job availability, Finance Minister Purbaya mentions that the government is attempting to revive the economy.
Bank Indonesia Denies Selling 11 Tons of Gold Reserves
12 hari lalu
Bank Indonesia denies rumors about the sale of 11 tons of gold reserves, emphasizing the official channels for information regarding Indonesia's foreign exchange reserves.
Today's Top 3 News: Fire Breaks Out at Pertamina's Dumai Refinery, Cause Still Unknown
16 hari lalu
Here is the list of the top 3 news on Tempo English today.
Bank Indonesia Confident Rupiah Will Strengthen Gradually
17 hari lalu
Bank Indonesia ensures it will continue to intervene in the market to stabilize the rupiah.
