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2026-11-05 12:14:26
[Indonesia's Q3 GDP Grows 5.47%, Exceeding Market Expectations] 1. Indonesia's Statistics Bureau said on Thursday that the country's economy expanded more than expected in the third quarter, driven by strong household consumption and exports. GDP grew by 5.47% year-on-year, higher than the median forecast of 5.2% in a media survey and also higher than the 5.29% growth rate in the second quarter. 2. This data shows that despite market turmoil and political risks, Southeast Asia's largest economy remains resilient. Indonesia's growth rate is roughly in line with Malaysia's 5.3% and Singapore's 5.4%, while Vietnam, with a growth rate of nearly 10%, remains the region's best-performing economy.
