Indonesian GDP Growth Rate QoQ (Q4) Q/Q 0.86% vs. Exp. 0.68% (Prev. 1.42%, Rev. From 1.43%)
Newsquawk Staff ·
Indonesian GDP Growth Rate QoQ (Q4) Q/Q 0.86% vs. Exp. 0.68% (Prev. 1.42%, Rev. From 1.43%)
What it means
The Indonesian GDP growth rate came in at 0.86% quarter-on-quarter, exceeding expectations of 0.68%, but falling below the previous quarter's 1.42%. This slight beat indicates resilience in the economy but the downward revision from the prior quarter may suggest slowing momentum. Market implications could skew towards a cautious outlook for future monetary policy as growth dynamics are reassessed.
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