Indonesia Q3 GDP growth at 5.04% y/y, official data shows


A cargo ship in Tanjung Priok Port, Jakarta — AFP

JAKARTA: Indonesia's annual economic growth decelerated slightly to 5.04% in the third quarter, from 5.12% in the April-June quarter, official data showed on Wednesday.

A Reuters poll had expected growth of 5.00%.

On a non-seasonally adjusted, quarter-on-quarter basis, gross domestic product growth eased to 1.43% in July-September, Statistics Indonesia said.

The third quarter included deadly anti-government protests across the country, starting in late August and running into September.

The government launched a 24.44 trillion rupiah ($1.5 billion) stimulus package in June, and exports grew every month from July to September even as a 19% tariff on U.S. imports from Indonesia took effect in August. - Reuters

 

 

 

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Indonesia , GDP , rupiah

Next In Business News

The state where women own the land
One too many paid third spaces?�
Life above the ceiling
Ringgit expected to trade at RM4.06-RM4.08 next week
Airbus recognises 18 HAS pilots for H175 flight hour milestones
KWAP continues pursuing all avenues to maximise recovery of its investment in eFishery
Earnings hurdle for Wall Street
Who watches the regulator?
China assets gain ground
Velesto’s cancelled rig sale highlights oil volatility

Others Also Read