Indonesia's Q2 GDP grows 5.18% year-on-year, stronger than expected
[JAKARTA] Indonesia's annual economic growth accelerated more than expected to 5.18 per cent in the second quarter, the statistics bureau said on Friday.
A Reuters poll of analysts had expected an annual pace of 5.00 per cent for April-June. The economy grew a downwardly revised 4.91 per cent on a yearly basis in the first quarter.
On a quarterly, non-seasonally adjusted basis, gross domestic product expanded 4.02 per cent in the second quarter.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Heatwave swells Asia's appetite for air-conditioning
Labour wins UK by-election as Tory PM Sunak stares at more losses
South Korea to slap fines on food suppliers for ‘shrinkflation’
Stormy Daniels’ ex-lawyer in the hot seat at Trump trial
New Zealand says ‘seriously concerned’ by China’s increased security actions in Pacific
EU, ISSB agree on minimising overlaps in company climate disclosures