You are here

Indonesia's Q2 GDP growth disappoints on tepid spending

Private consumption, which accounts for more than half of Indonesia's GDP, rose slightly faster in Q2 compared to Q1, but grew more slowly against a year earlier.


INDONESIA'S gross domestic product grew more slowly than expected in the second quarter, as private consumption remained lethargic, adding to signs that South-east Asia's largest economy is stuck in a low gear and may need more stimulus.

The resource-rich economy grew 5.01

Market voices on:

Powered by GET.comGetCom