Indonesia Economy Grows at Fastest Pace in Six Years
This article is for subscribers only.
Indonesia’s economy grew at the fastest annual pace in six years last quarter, adding to the case for the central bank to raise interest rates further as inflation accelerates.
Gross domestic product increased 6.9 percent in the three months through December from a year earlier, the Central Bureau of Statistics said in Jakarta today. That was higher than the 6.3 percent median estimate of 13 economists surveyed by Bloomberg News. GDP increased 6.1 percent in 2010.