Indonesia's economy rebounded at a faster-than-expected pace in the second quarter driven by robust consumption, investment and foreign demand, official data showed on Thursday.
Gross domestic product expanded 7.07 percent year-on-year, in contrast to the 0.71 percent decline posted in the first quarter, Statistics Indonesia reported.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.