indo02

Household consumption fuels Indonesian growth

As President Joko “Jokowi” Widodo is running for a second term in 2019, he may be pinning his hopes on Indonesia’s consumers, who have become the country’s engine for economic growth in the second quarter this year.

The country’s gross domestic product (GDP) expanded by 5.27 percent year-on-year (yoy) during the second quarter of 2018, the highest rate …

Source: http://www.thejakartapost.com/news/2018/08/07/household-consumption-fuels-indonesian-growth.html