Indonesia’s Economic Growth Holds Steady at 5 Percent in Q1
Posted: Mon May 09, 2022 2:20 pm
Indonesia’s economy grew by 5.01 percent from January to March 2022 compared to the same period a year earlier, matching the 5.02 percent growth rate seen in the fourth quarter of 2021, according to data released by the country’s statistics agency on May 9. Growth in the first quarter was mainly supported by a recovery in consumption, investment, and exports. Data showed that exports of goods and services increased by 16.22 percent in the first quarter. Rising prices for global commodities such as coal, palm oil, and nickel also contributed to Indonesia’s large trade surpluses, as the country is a major supplier of these resources. ...
Source: https://www.theepochtimes.com/indonesia ... 54049.html
Source: https://www.theepochtimes.com/indonesia ... 54049.html