At 5.1 percent in Q1-2024, GDP growth remains resilient surpassing the middle-income countries’
average. Robust private consumption accounted for 57 percent of GDP growth. This reflects consumer confidence supported by softening inflation in nonfood products, the hike in civil servant wages, and robust performance in consumer services. Public
consumption rebounded in Q1-24 driven by electionrelated and social spending. This rebound outweighs the negative...
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2024/06/21
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Report
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191613
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1
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2024/06/21
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Disclosed
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Indonesia Economic Prospects : Unleashing Indonesia’s Business Potential - June 2024
Citation
World Bank.
Indonesia Economic Prospects : Unleashing Indonesia’s Business Potential - June 2024 (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099062124085019387