Indonesia's Strong GDP Data Prompts Resilient but Uneven Growth Forecasts Indonesia's latest GDP data may have impressed economists with its 5. 29% year on year growth in Q2, especially given the sluggish forecast of 5.
1% by polled experts. However, this relatively robust performance conceals significant sectoral disparities and an over reliance on government spending.
The Institute for Economic and Social Research (IESR) estimates a more modest 4. 8% growth in Q2, highlighting the uneven sectoral performance that analysts have long warned about.