Monetary policy

Indonesian GDP growth accelerates in Q2, beats forecast

MarketScreener 

(Adds comments by economists) * Q2 GDP +5.44% y/y, higher than +5.17% in poll * Exports up almost 20%; “impressive”, says stats bureau * Headwinds seen in second half – analyst JAKARTA, June 5 (Reuters) – Indonesia’s economic growth
accelerated in the April-June quarter amid an export boom driven
by rising commodity prices, official data showed on Friday, but
monetary tightening, rising inflation and a global recession
risk threaten the outlook. Second-quarter gross domestic product (GDP) was up 5.

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