Indonesia’s Growth Beats Estimates as Rebound Seen Faltering

Indonesia’s economic growth unexpectedly quickened last quarter after an export rebound, an acceleration that may be short-lived as higher interest rates weigh on domestic consumption and investment.

Indonesia Surprises With Surge in Economy

JAKARTA — Indonesia’s economic growth surprisingly picked up in the second quarter of this year, fueled by easy credit and strong domestic demand, a sign that Southeast Asia remained resilient amid the global slowdown.