Indonesia’s economy expanded at its quickest pace in three years, signaling a rebound fueled by strong domestic demand and improved industrial output. The latest data reveals a notable uptick in GDP growth, reflecting increased consumer confidence and sustained government investment. This performance marks a turnaround from previous periods of slower expansion and positions the country as one of the faster-growing economies in Southeast Asia. Analysts attribute the momentum to resilient household spending and a recovery in manufacturing activity. While external headwinds such as global trade tensions persist, Indonesia’s large internal market has helped insulate it from some international volatility. The result is a more optimistic outlook for fiscal stability and job creation in the near term.
— news from Reuters
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Indonesia posts fastest economic growth rate in three years Reuters