Indonesia's economy grew at the fastest pace in more than three years in the first quarter as government stimulus measures supported the nation amid the adverse effects of the war in the Middle East.
Gross domestic product logged an annual growth of 5.61 percent in the first quarter, surpassing the 5.39 percent expansion registered in the fourth quarter, Statistics Indonesia said Tuesday.
The rate marked the strongest expansion since the third quarter of 2022, when GDP was up 5.73 percent. Economists had expected the annual growth rate to slow marginally to 5.3 percent.
For comments and feedback contact: editorial@rttnews.com
Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.