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Indonesia Q2 GDP growth at 5.12% y/y, beats expectations

Indonesia Q2 GDP growth at 5.12% y/y, beats expectations

FILE PHOTO: A general view of the city skyline of Jakarta, the capital city of Indonesia, August 5, 2021. REUTERS/Ajeng Dinar Ulfiana/ File Photo

JAKARTA :Indonesia's annual economic growth accelerated to 5.12 per cent in the second quarter from 4.87 per cent in the previous three months, official data showed on Tuesday.

A Reuters poll had expected growth of 4.80 per cent. The second-quarter growth rate was the fastest since the second quarter of 2023, data from the statistics bureau showed.

On a non-seasonally adjusted, quarter-on-quarter basis, gross domestic product expanded 4.04 per cent in April-June, Statistics Indonesia said.

Source: Reuters
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