KONTAN.CO.ID - JAKARTA. The Indonesian Statistics Agency (BPS) has recorded that Indonesia's economy in the third quarter of 2023, covering the period from July 2023 to September 2023, grew by 4.94% on a year-on-year (YoY) basis. This situation confirms that Indonesia's economy is beginning to slow down. In the previous quarter, Q2 2023, Indonesia's economy was still able to grow by 5.17%. Acting Head of the Central Statistics Agency, Amalia Adininggar Widyasanti, stated that Indonesia's Gross Domestic Product (GDP) at current market prices (ADHB) amounted to Rp 5.296 trillion. Furthermore, when viewed at constant market prices (ADHK), it was recorded at Rp 3,124.9 trillion.
Indonesia's Economic Growth Slows to 4.94% in Q3-2023
KONTAN.CO.ID - JAKARTA. The Indonesian Statistics Agency (BPS) has recorded that Indonesia's economy in the third quarter of 2023, covering the period from July 2023 to September 2023, grew by 4.94% on a year-on-year (YoY) basis. This situation confirms that Indonesia's economy is beginning to slow down. In the previous quarter, Q2 2023, Indonesia's economy was still able to grow by 5.17%. Acting Head of the Central Statistics Agency, Amalia Adininggar Widyasanti, stated that Indonesia's Gross Domestic Product (GDP) at current market prices (ADHB) amounted to Rp 5.296 trillion. Furthermore, when viewed at constant market prices (ADHK), it was recorded at Rp 3,124.9 trillion.