Indonesia Q3 GDP Beats Forecast With 5.47 Percent Rise
Indonesias economy expanded faster than expected in the third quarter with a 5.47 percent growth rate. Higher net exports and steady household spending helped drive the stronger performance. The results keep the nation on track to meet full-year targets.
Indonesia's economy expanded 5.47% in the third quarter, beating the 5.18% consensus forecast on stronger net exports and steady consumer spending. The reading topped the second-quarter growth rate of 5.29%. The government expects full-year expansion between 5.4% and 5.5%, reaching the highest level since 2013.
