Securities
ECONOMIC UPDATE - GDP growth slightly decelerate as expected
August 06, 2024
Statistics Indonesia (BPS) reported a GDP growth rate of 5.05% YoY for 2Q24, decelerating compared to the previous quarter's 5.11% YoY. However, this figure slightly surpassed both our projected estimate and the consensus, which stood at 5.02% YoY and 5.00% YoY, respectively.