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Jan 18,08

Cement Consumption Rises

Indonesia’s cement consumption rose 6.6 percent to 34.17 million tons in 2007, driven by higher consumption outside the main island of Java, according to data released on Thursday by the Association of Cement Producers.

Java, which is the country’s main market, reported a 1.8-percent rise in cement consumption to 19.66 million tons, while consumption outside Java rose 14 percent to 14.51 million tons.

Economists see cement consumption as a strong early indicator of how well the economy is growing as it shows how the construction and credit sectors are faring.

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