Indonesia's economy grew at the fastest pace in nine years in 2022, reflecting the rebound in exports and household consumption after the relaxation of pandemic related restrictions.
In the whole year of 2022, Southeast Asia's largest economy expanded 5.31 percent after the 3.70 percent growth posted a year ago and a contraction of 2.07 percent in 2020, the statistical bureau said Monday. This was the biggest growth since 2013.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.