Indonesia's GDP grows 5.01 pct in Q1

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Indonesia's GDP grows 5.01 pct in Q1

STORY: Indonesia's GDP grows 5.01 pct in Q1 DATELINE: May 10, 2022 LENGTH: 00:02:12 LOCATION: Jakarta CATEGORY: ECONOMY SHOTLIST: 1. Group shots of press conference and data 2. Group shots of industry, export-import activities in port, bank activities (Courtesy of Antara) 3. SOUNDBITE (Bahasa Indonesia): MARGO YUWONO, Head of Central Agency of Statistics STORYLINE: Indonesian economy recorded a 5.01 percent growth year on year in the first quarter of 2022, indicating a steady economic recovery. The Central Agency of Statistics on Monday said the low base effect in the first quarter last year, which contracted 0.7 percent, also contributed to the growth. According to Margo Yuwono, head of the agency, the growth indicated that Indonesia maintained a steady economic recovery from the COVID-19 pandemic. Rising commodity prices have driven Indonesia's export to rise by 16.22 percent. Furthermore, the increase of mobility has also stimulated the economy. The growth was attributed to the recovering industry an

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