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.
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