Indonesia records 5.17 pct GDP growth in Q2

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Indonesia records 5.17 pct GDP growth in Q2

STORY: Indonesia records 5.17 pct GDP growth in Q2 DATELINE: Aug. 8, 2023 LENGTH: 00:01:45 LOCATION: Jakarta CATEGORY: ECONOMY SHOTLIST: 1. various of press conference 2. various of drone footage of Jakarta 3. various of shopping mall STORYLINE: Indonesia's economy grew by 5.17 percent in the April-June quarter from the same period last year, the country's Central Statistics Agency (BPS) said on Monday. The growth accelerated in the second quarter from a revised 5.04 percent expansion in the previous three months. "In the midst of an estimated slowing global economy and declining prices for leading export commodities, Indonesia's economy grew by 5.17 percent year over year," the agency's deputy head Moh Edy Mahmud said during a press conference. Mahmud explained the growth in the second quarter was supported by increases in public mobility, steady production growth as well as increasing purchasing power of customers, particularly during the Muslim holy month of Ramadan and the following public holidays.

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