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Indonesia Q2 GDP growth at 5.12% y/y, beats expectations

Indonesia Q2 GDP growth at 5.12% y/y, beats expectations

CNA15 hours ago
JAKARTA :Indonesia's annual economic growth accelerated to 5.12 per cent in the second quarter from 4.87 per cent in the previous three months, official data showed on Tuesday.
A Reuters poll had expected growth of 4.80 per cent. The second-quarter growth rate was the fastest since the second quarter of 2023, data from the statistics bureau showed.
On a non-seasonally adjusted, quarter-on-quarter basis, gross domestic product expanded 4.04 per cent in April-June, Statistics Indonesia said.
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