JAKARTA : Indonesia's economy grew 7.07per cent in the April-June quarter compared with a year earlier, beating market estimates and marking its first expansion in five quarters, statistics bureau data showed on Thursday.
The second-quarter growth rate was also the highest in more than a decade. A Reuters poll of analysts had expected growth of 6.57per cent. The bureau revised the first quarter's contraction to 0.71per cent.
On a quarterly, non-seasonally adjusted basis, Southeast Asia's largest economy grew 3.31per cent, compared with a revised 0.92per cent drop in January-March. Analysts had expected 2.94per cent.
(Reporting by Gayatri Suroyo and Fransiska Nangoy; Editing by Kim Coghill)