Indonesia Q2 GDP Growth Accelerates, Beats Expectations

August 05, 2022, 09.35 AM | Source: Reuters
Indonesia Q2 GDP Growth Accelerates, Beats Expectations

ILUSTRASI. Indonesia's second-quarter gross domestic product grew 5.44% from a year earlier


ECONOMIC GROWTH - JAKARTA. Indonesia's second-quarter gross domestic product grew 5.44% from a year earlier, more than expected, official data showed on Friday, as Southeast Asia's largest economy enjoyed an export boom driven by high global commodity prices.

The growth rate compared with 5.01% in the previous quarter.

A Reuters poll of economists had estimated an expansion of 5.17% for the second quarter.

Unadjusted for seasonal factors, gross domestic product was 3.72% larger than in the previous quarter, compared with the poll's forecast of 3.44%.

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