Indonesia GDP Growth May Improve This Year -- Market Talk

Dow Jones

02-06

0119 GMT - Indonesia's economic growth is expected to improve in 2025, driven by increased government spending that should strengthen domestic demand, UOB economists Enrico Tanuwidjaja and Shaun Wirawan Susanto say in a note. Investment spending may accelerate in the coming quarters, particularly in sectors like agriculture, mining and processed metals, they reckon. Higher fiscal and investment spending could boost confidence and support household consumption, they add. UOB maintains its 2025 GDP growth forecast for the country at 5.2%. Indonesia's GDP growth was 5.03% in 2024. (yingxian.wong@wsj.com)

(END) Dow Jones Newswires

February 05, 2025 20:19 ET (01:19 GMT)

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Investment spending may accelerate in the coming quarters, particularly in sectors like agriculture, mining and processed metals, they reckon. Higher fiscal and investment spending could boost confidence and support household consumption, they add. UOB maintains its 2025 GDP growth forecast for the country at 5.2%. Indonesia's GDP growth was 5.03% in 2024. 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Investment spending may accelerate in the coming quarters, particularly in sectors like agriculture, mining and processed metals, they reckon. Higher fiscal and investment spending could boost confidence and support household consumption, they add. UOB maintains its 2025 GDP growth forecast for the country at 5.2%. Indonesia's GDP growth was 5.03% in 2024. 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Investment spending may accelerate in the coming quarters, particularly in sectors like agriculture, mining and processed metals, they reckon. Higher fiscal and investment spending could boost confidence and support household consumption, they add. UOB maintains its 2025 GDP growth forecast for the country at 5.2%. Indonesia's GDP growth was 5.03% in 2024. (yingxian.wong@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 05, 2025 20:19 ET (01:19 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1}}}