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Indonesia Economy News

Indonesian Growth Remains Robust

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According to Statistics Indonesia (BPS), Indonesia’s economic growth in the first quarter (Q1) of 2024 stood at 5.11% year-on-year, the highest level since 2015.

Acting Head of BPS Amalia Adininggar Widyasanti notes that the main contributors to the economy in Q1 in terms of production were the processing, trade, agriculture, construction, and mining, and quarrying industries.

The five sectors’ accounted for almost two thirds of the gross domestic product (GDP).

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