| 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/ |
Reflections from news and commentary of the day
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