Indonesia's Q2 GDP grows 5.18% year-on-year, stronger than expected

Published Fri, Aug 5, 2016 · 03:07 AM

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    [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

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