
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.