Indonesia's Q3 GDP rises 4.95% from a year ago, slightly slower than Q2

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JAKARTA : Indonesia's gross domestic product in the third quarter increased 4.95 per cent from a year earlier, its slowest pace in a year, data from the statistics bureau showed on Tuesday, as household consumption showed softer growth.

FILE PHOTO: A general view of the skyline of Jakarta, the capital city of Indonesia, August 5, 2021.

On a quarterly, non-seasonally adjusted basis, GDP grew 1.50 per cent, compared with a forecast of 1.59 per cent.

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Category: EconomyBusiness

Markets: SingaporeIndonesiaMali

Topics: Consumption Investment Rises Growth Household Bank Year Quarter Cent Indonesia

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-05 @ 18:52:23 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 439 words

Reading Time: 3 minutes read

Sentences: 19 lines

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