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Indonesia’s economy grew faster-than-expected: 5.18% in Q2

Indonesia’s economy grew a faster-than-expected 5.18% in the second quarter from a year earlier, thanks to higher commodity prices and stronger consumption. Household spending, which accounts for more than half of GDP, rose 5.04% on the year. The growth was partly fueled by the earlier start in June of Ramadan, when prices of food and other goods tend to rise.