GAMA Leading Economic Indicator

Indonesian business cycles, which uses the quarterly GDP data for 2000-2012 shows a modestly fluctuating cycles.   The movement business GDP cycles is predicted using Leading Economic Indicator (LEI), which has the ability to predict the resumption point from the business economic cycles.

Gama LEI is able to predict the point at which the economy changes course during the 2008 global financial crisis, which was the third quarter of 2007, which was followed by the change for the worse in course of GDP in mid 2008. Subsequently, Gama LEI predicts with high accuracy the recovery of GDP at the start of 2009, which is followed by improvement in PDB cycles in late 2009. read more