Indonesian household spending seen stable, investment to rise in Q4 – Finance Minister

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Published: Nov 24, 2022, 06:52 UTC

JAKARTA (Reuters) - Indonesian household spending will likely remain stable in the fourth quarter, while investment will probably rise, Finance Minister Sri Mulyani Indrawati said on Thursday.

Launching of the pandemic fund, ahead of the G20 Summit in Nusa Dua

JAKARTA (Reuters) – Indonesian household spending will likely remain stable in the fourth quarter, while investment will probably rise, Finance Minister Sri Mulyani Indrawati said on Thursday.

For the whole of 2022, gross domestic product is seen expanding within a range of 5% to 5.3%, Sri Mulyani said in a news conference. Indonesia’s 2021 economic growth was 3.7%.

(Reporting by Gayatri Suroyo; Editing by Kanupriya Kapoor)

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