Indonesia's economy grew 4.95% in Q3, missing expectations amid global and domestic challenges.
Indonesia's economy grew by 4.95% in the third quarter of the year, falling short of the expected 5.00% and down from 5.05% in the previous quarter. The slower growth is attributed to global uncertainties and domestic challenges. Key sectors contributing to this growth include manufacturing and construction. The central bank had previously cut interest rates to stimulate growth but opted to maintain rates in October amid rising geopolitical tensions.
2 months ago
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