Indonesian economic growth slows to 5.3% in Q2, but beats forecast
- JAKARTA: Indonesia's annual economic growth in the second quarter came in at its slowest in three as household and public spending eased, official data showed on Wednesday (Aug 5), though the figure was better than expected.
- Gross domestic product (GDP) in Southeast Asia's biggest economy grew 5.29 per cent in the quarter of April to June, Statistics Indonesia said, bettering the median figure of 5.1 per cent in a Reuters poll.
- It grew 5.61 per cent year-on-year in the January-March period.
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- JAKARTA: Indonesia's annual economic growth in the second quarter came in at its slowest in three as household and public spending eased, official data showed on Wednesday (Aug 5), though the figure was better than expected.
- Gross domestic product (GDP) in Southeast Asia's biggest economy grew 5.29 per cent in the quarter of April to June, Statistics Indonesia said, bettering the median figure of 5.1 per cent in a Reuters poll.
- It grew 5.61 per cent year-on-year in the January-March period.
Sources: CNA