Indonesia Q3 GDP growth at 5.47%, beats expectations

channelnewsasia.com · economy
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Indonesia’s gross domestic product grew by 5.47 percent in the third quarter, surpassing market expectations. The growth rate was announced as higher than what analysts had forecast. Despite the strong performance, the country has faced weaker investor sentiment throughout the year. Investors have been cautious amid intensified scrutiny of the government’s fiscal plans. The broader policy direction of the administration has also drawn attention from markets. The combination of robust growth and lingering investor concerns characterizes the current economic environment.

Indonesia has contended with weaker investor sentiment this year amid heightened scrutiny of the government's fiscal plans and its broader policy directions.

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