KONTAN.CO.ID - JAKARTA. Indonesia's economic growth in the second quarter accelerated unexpectedly and came in above market predictions, despite its exports weakening amid falling commodity prices. Southeast Asia's biggest economy expanded 5.17% in the April-June quarter from the same period a year earlier, faster than the 4.93% growth expected by economists polled by Reuters and the highest growth rate in three quarters. First-quarter growth was revised up slightly to 5.04%. On a quarterly, non-seasonally adjusted basis, GDP expanded 3.86%, compared with the poll's prediction of 3.72% growth.
Indonesia Q2 GDP Growth Highest in Three Quarters
KONTAN.CO.ID - JAKARTA. Indonesia's economic growth in the second quarter accelerated unexpectedly and came in above market predictions, despite its exports weakening amid falling commodity prices. Southeast Asia's biggest economy expanded 5.17% in the April-June quarter from the same period a year earlier, faster than the 4.93% growth expected by economists polled by Reuters and the highest growth rate in three quarters. First-quarter growth was revised up slightly to 5.04%. On a quarterly, non-seasonally adjusted basis, GDP expanded 3.86%, compared with the poll's prediction of 3.72% growth.