PHOTO / WORLD
Indonesia's GDP grows 5.44 pct year on year in Q2
Published: Aug 08, 2022 02:00 PM
Cellphone photo taken on Aug. 7, 2022 shows vendors preparing food for customers at a food stall of a shopping mall in Jakarta, capital of Indonesia. Indonesia's economy grew 5.44 percent year-on-year in the second quarter of this year as exports surged and commodity prices rose in global markets, Statistics Indonesia (BPS) said on Friday.  Photo: Xinhua

Cellphone photo taken on Aug. 7, 2022 shows vendors preparing food for customers at a food stall of a shopping mall in Jakarta, capital of Indonesia. Indonesia's economy grew 5.44 percent year-on-year in the second quarter of this year as exports surged and commodity prices rose in global markets, Statistics Indonesia (BPS) said on Friday. Photo: Xinhua


 
People buy food at a roadside stall in Jakarta, capital of Indonesia, Aug. 7, 2022. Indonesia's economy grew 5.44 percent year-on-year in the second quarter of this year as exports surged and commodity prices rose in global markets, Statistics Indonesia (BPS) said on Friday. Photo: Xinhua

People buy food at a roadside stall in Jakarta, capital of Indonesia, Aug. 7, 2022. Indonesia's economy grew 5.44 percent year-on-year in the second quarter of this year as exports surged and commodity prices rose in global markets, Statistics Indonesia (BPS) said on Friday. Photo: Xinhua


 
Photo taken on Aug. 7, 2022 shows the street view of Jakarta, capital of Indonesia. Indonesia's economy grew 5.44 percent year-on-year in the second quarter of this year as exports surged and commodity prices rose in global markets, Statistics Indonesia (BPS) said on Friday. Photo: Xinhua

Photo taken on Aug. 7, 2022 shows the street view of Jakarta, capital of Indonesia. Indonesia's economy grew 5.44 percent year-on-year in the second quarter of this year as exports surged and commodity prices rose in global markets, Statistics Indonesia (BPS) said on Friday. Photo: Xinhua


 
Indonesia's economy grew 5.44 percent year-on-year in the second quarter of this year as exports surged and commodity prices rose in global markets, Statistics Indonesia (BPS) said on Friday.

Head of BPS Margo Yuwono said that in the April to June period, Indonesia's gross domestic product grew 3.72 percent quarter to quarter with the largest contribution coming from the provinces in Java, 56.55 percent of the national total.

"Development in the second quarter of this year shows that Indonesia's economic growth is steadily increasing," Yuwono said at a press conference.

Indonesia faced a recession amid restrictions due to the COVID-19 transmission, marked by the country's economy contracting four times in a row, from the second quarter of 2020 to the first quarter of 2021.

The country's economy regrew positively since the second quarter of 2021, which bounded 7.07 percent year on year.

This growth rate in the second quarter is in line with the government's projection of above 5 percent year on year and the central bank's 5.05 percent.