On the Fast Track
The Indonesian economy grew well above estimates in the second quarter of 2010 and it would do better if the government can control inflation in the food sector.
September 8, 2010
Purbaya Yudhi Sadewa*
THE Indonesian economy grew by 6.2 percent in the second quarter of 2010, well above estimates and faster than 5.4 percent in the fourth quarter of 2009 and 5.7 percent in the first quarter of this year.
With the global economy on the path of recovery, consumption and exports grew 5 percent and 14.6 percent respectively during the second quarter of 2010. Driven by strong demand and business expansions, investment grew by 8
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