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Indonesian Economic Growth Accelerates In Q3

10 days ago
(RTTNews) - The Indonesian economy expanded at a pace of 4.2% annually in the third quarter compared to 4% growth in the second quarter, the Statistics Indonesia said in a report on Tuesday. The growth rate matched economists' expectations. Government spending climbed 10.2% from the previous year and household consumption rose around 4.7%.

Quarter-on-quarter, gross domestic product increased 3.9% in the third quarter, with almost all economic sectors reporting increases.

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