BBCNEWS Asia Business Report June 4, 2024 23:34:00
A number of factors. we saw that domestic demand in indonesia held up a lot better than expected. in particular, private consumption maintained its march quarter pace, which was surprising given that households have been grappling with still elevated inflation, as well as borrowing costs being elevated. but we also saw that the government sector actually contributed a lot too. and part of that came on the back of the government actually accelerating infrastructure spending and broader spending initiatives as well. but some of the expected weak spots were there — in particular, goods exports,...
Source: archive.org