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Indonesia GDP Growth Tops Expectations

Indonesia GDP Growth Tops Expectations

Indonesia's economic growth accelerated in the third quarter driven by strong increases in government spending and investment, official data showed Thursday. Gross domestic product grew 5.47 percent year-on-year in the third quarter, Statistics Indonesia said.
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Indonesia Raises Policy Rates By 50 Bps

Indonesia Raises Policy Rates By 50 Bps

Bank Indonesia raised its benchmark interest rates by a larger-than-expected half percentage points on Wednesday, as it struggles to stabilize the rupiah exchange rate amid geopolitical tensions. The board of governors, governed by Perry Warjiyo, decided to hike the BI rate by 50 basis points to 5.25 percent.
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Indonesia GDP Growth Beats Expectations

Indonesia GDP Growth Beats Expectations

Indonesia's economy grew at the fastest pace in more than three years in the first quarter as government stimulus measures supported the nation amid the adverse effects of the war in the Middle East. Gross domestic product logged an annual growth of 5.61 percent in the first quarter, surpassing the 5.39 percent expansion registered in the fourth quarter, Statistics Indonesia said Tuesday.
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Indonesia Logs Fastest GDP Growth Since 2022

Indonesia Logs Fastest GDP Growth Since 2022

Indonesia's economy expanded at the fastest pace in more than three years in the fourth quarter, fuelled by a surge in investment and household spending, official data showed on Thursday. Gross domestic product grew 5.39 percent year-on-year in the fourth quarter, faster than the 5.04 percent expansion logged in the third quarter.
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