What Do the Latest Economic Data Tell Us about Indonesia’s Economic Growth in Q2-2024?
![What Do the Latest Economic Data Tell Us about Indonesia’s Economic Growth in Q2-2024?](https://cdn.indonesia-investments.com/images/thumbs/small/bali-1871163_1280-min-1.jpg)
In last month’s report we saw that Indonesia’s official economic growth rate was (in line with expectations) quite strong at 5.11 percent year-on-year (y/y) in Q1-2024. Moreover, last month we also saw that most of the macroeconomic data point at the continuation of strong growth in Q2-2024 (with the only major exception being the country’s car sales data that still showed deep red numbers).