Indonesia 2Q economic growth strongest in three quarters
newscatcher
2023-08-13 13:34
Indonesia 2Q economic growth strongest in three quarters
JAKARTA: Indonesia's economic growth in the second quarter accelerated unexpectedly to its highest rate in three quarters, shored up by strong household and government spending and despite its exports weakening amid falling commodity prices. South-East Asia's biggest economy expanded 5.17% in the April to June quarter from the same period a year earlier, faster than the 4.93% growth predicted by economists polled by Reuters. First quarter growth was revised up slightly to 5.04%. On a quarterly, non-seasonally adjusted basis, gross domestic product (GDP) expanded 3.

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