Lates News

date
04/08/2025
Moody's Analytics expects Indonesia's GDP growth in the second quarter to slow down from 4.9% quarter-on-quarter in March to a year-on-year growth of 4.6%. The company stated in a report that this will be the weakest result since the September 2021 quarter when economic contraction occurred due to COVID-19 lockdowns. Global trade tensions may put pressure on exports, while decreasing consumer confidence, slowing industrial activity, and high unemployment rates will drag down the domestic economy. Moody's Analytics predicts that GDP growth in 2025 will be 4.7%, lower than the government's target of 5%. GDP data will be released on Tuesday.