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Tuesday, February 5, 2013

Indonesia's 2012 growth hits 6.2%



Indonesia’s 2012 growth hits 6.2%
Demand for everything from cement to instant noodles has continued to drive robust economic growth in Indonesia, defying the global uncertainty and domestic concern about resurgent economic nationalism and a widening trade deficit.

Gross domestic product expanded by 6.1 per cent in the fourth quarter of last year, compared to a year earlier. GDP grew by 6.2 per cent last year, slightly below 2011’s 6.5 per cent as the slowdown in China hit demand for Indonesian commodities such as coal and palm oil.
http://link.ft.com/r/CTBPCC/YGCYTM/RNF1Y5/YBRFOA/CWFR97/FW/h?a1=2013&a2=2&a3=5

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