Despite falling exports, Indonesia's economy grew at a faster-than-expected pace in the second quarter driven by household and government spending, official data showed on Monday.
Gross domestic product registered an annual growth of 5.17 percent in the second quarter, following first quarter's 5.04 percent expansion, Statistics Indonesia said. This was faster than economists' forecast of 4.93 percent.
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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.