Indonesia's GDP grew 5.72% in July-September quarter

Economic growth accelerated from Q2, buoyed by exports of coal, palm oil

The Tanjung Priok port in Jakarta on Aug. 3. Indonesia's exports between January and September reached $219 billion, up 33% from the first three quarters of last year. © Reuters

ERWIDA MAULIA, Nikkei staff writer

November 7, 2022 13:17 JST

Updated on November 7, 2022 13:57 JST

JAKARTA -- Indonesia's gross domestic product expanded 5.72% between July and September as Southeast Asia's largest economy continued to enjoy a boost in exports.

The Central Statistics Agency on Monday said economic growth accelerated from the 5.44% recorded in the previous quarter, despite higher inflation. The third quarter's growth falls short of the median forecast of 5.89% of 18 economists polled by Reuters.