Growth began to bounce back in Q2/2012 with the growth rate of 4.66 percent compared to 4 percent in Q1. Industry-construction sector increased 4.52 percent against 2.94 percent in Q1 and service sector grew 5.83 percent against 5.31 percent in Q1. Only agriculture-forestry-aquaculture area slightly decreased (2.78 percent against 2.84 percent in Q1).
Total retail sales of goods and services climbed up steadily from 4 percent in January, 4.4 percent in February, 5 percent in March, 6.1 percent in April, 6.4 percent in May, 6,5 percent in June.
Inventory rate began to fall down gradually from 34.9 percent in March, 32.1 percent in April, 29.4 percent in May, and 25 percent in June.
Interest rate also dipped quickly from 14 percent to 9 percent) and credit growth is rising again.
Other positive signals include shrinking trade deficit, contributing to improving payment balance.
Despite the aforesaid positive signals, challenges still remain. The growth rate in the first half of 2012 is still low compared to 6.18 percent and 5,63 percent of the same period of 2010 and 2011, respectively.
To realise the whole-year target of 6- 6,5 percent, strong efforts are needed in the second half of 2012 to achieve the growth rate of 7.29- 8.21 percent. Solutions enshrined in the Resolution 13 must be drastically followed, focusing on settling bad debts and low purchasing power.