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

Indonesia posts strong GDP figures despite monetary tightening

Growth expected to slowdown as fiscal restraint and rate hike weigh on economy

Indonesia's second quarter GDP received a lift from Islamic holiday spending.   © Reuters

JAKARTA -- Indonesia posted strong economic figures for the second quarter of this year, despite pressure from higher U.S. interest rates and consecutive rate hikes from the country's central bank.

Sponsored Content

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

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