Indonesia GDP Grows 5.04% YoY in Q4, Above Expectations
The Indonesian economy advanced 5.04 percent year-on-year in the December quarter of 2015, as compared to an upwardly revised 4.74 percent expansion reported in the previous quarter and beating market consensus of a 4.80 percent growth. A faster increase in government spending and investment offset a slowdown in private consumption and a decline in exports.
Published on 2016-02-05