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Central Java Economic Growth in Q3 2022

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Release Date	:	November 7, 2022
File Size	:	1.67 MB

Abstract

The economy of Central Java in the third quarter of 2022 based on GRDP at current prices (ADHB) reached IDR 396,643.77 billion and at constant prices (ADHK) 2010 reached IDR 264,862.50 billion.

From the production side, growth was driven by almost all business fields, with the highest growth achieved by the Transportation and Trade business field which grew by 98.53 percent. Meanwhile, from the expenditure side, the component that experienced the highest increase occurred in the Export of Goods and Services Component (including Inter-Regional Exports) by 17.05 percent

Structurally, the Manufacturing Industry business field dominated the economic structure of Central Java in the third quarter of 2022 with a contribution of 33.40 percent, while from the expenditure side it was dominated by the Household Consumption Expenditure Component (PK-RT) with a contribution of 58.42 percent.

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