NTB Province’s economic growth on the 4th quartile of 2017 (Q4-2017) was 0,58 %, which was lower compare to the 3rd quartile of the same year . The economic growth on the 3rd quartile was 4,09 %.
NTB farmers made surplus on Q4-2017 where the value of Farmer Terms of Trade was 107,44. This value was higher than the Farmer Terms of Trade on Q3-2017 which was 105,10.
Q4-2017 Inflation rate was 1,29 %. The inflation increased from the Q3-2017 rate which was 0,19 %.
Q4-2017 export value was decline compared to Q3-2017 export value. In contrary, the import value on Q4-2017 rose from the Q3-2017. The Export value declined from US$ 413 million to US$ 291 million. The import value rose from US$ 19,61 million to US$ 20,37 million.
In general, macro economy indicators reveal that the economic condition of NTB Province in the 4th quartile is healthy. One of the main indicators is the positive economic growth of the 4th quartile
Passengers arrival from airports on Q4-2017 was 495.391 people. There was a decline on passengers arrival compared to the Q3-2017 conditions which reached the number of 538.604 people.
Occupancy Rate of Starred hotel was decreasing from 55,7 on Q3-2017 to 50,79 on Q4-2017. On the other hand, the Occupancy rate of the Non Starred Hotel was rising from 25,68 on Q3-2017 to 26,31 on Q3-2017.
Remittance value reached Rp 369 billion on Q4-2017. This value was lower than the value of Q3-2017 which was Rp 375 billion.
The dynamics of Q4-2017 national economic condition was relatively stable, this leads to the BI repo rate was set to be 4,25% since Q3-2017.
