Indonesia GDP expands 5.05% in Q2

JAKARTA, 5th August, 2024 (WAM) -- Indonesia's economy grew slightly more than 5.0 percent in the second quarter as the deceleration in government spending growth was offset by household consumption and investment.

Gross domestic product grew 5.05 percent on a yearly basis compared to 5.11 percent in the prior quarter, data released by Statistics Indonesia showed Monday. Economists had forecast the economy to gro