ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Economy

Indonesia April-June GDP up 5.05% as Jokowi seeks boost

Statistics agency casts doubt on 5.3% expansion target for 2019

Joko Widodo, who won a second term as Indonesia's president in April, is preparing measures to help boost the country's human capital. (Photo by Kosaku Mimura)

JAKARTA -- Indonesia's economy grew steadily in the three months through June, with inflation-adjusted gross domestic product rising 5.05% on the year, as President Joko Widodo prepares for his second term, government data showed Monday.

The GDP figure matched the median forecast of 16 economists polled by Reuters. Private consumption, which accounts for more than half of Indonesian GDP, rose 5.17%, owing mainly to the Eid al-Fitr holiday that marks the end of Ramadan.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more