Indonesia Q2 growth boosted by exports, easing of Covid curbs

Updated 1 week ago · Published on 5 Aug 2022 4:20PM · 0 Comments

Indonesia shows a 5.51%  jump in domestic consumption, which accounts for more than half of the economy, helped by the government’s social aid for lower income households. – AFP pic, August 5, 2022.

INDONESIA’s economic growth accelerated in the second quarter of 2022 despite global uncertainty, official data showed today, thanks to soaring commodity prices and easing Covid-19 restrictions. 

Southeast Asia’s largest economy expanded 5.44% on-year in April-June, slightly up from 5.01% in the previous three months, the Central Statistics Agency said. 

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