JAKARTA (Bloomberg): Indonesia’s economy snapped a year of contractions in the second quarter as a temporary relaxation of virus curbs benefited consumption and investment -- but before restrictions were reimposed.
Gross domestic product rose 7.07% from a year ago, the statistics bureau announced Thursday (Aug 5). That was the fastest pace since 2008, according to data compiled by Bloomberg, and beat the median estimate of 6.72% in a survey of 23 analysts.
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