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Indonesia's Q2 GDP growth disappoints on tepid spending

Tuesday, August 8, 2017 - 05:50

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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.

Jakarta

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

sentifi.com

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