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Indonesia's economic growth beats forecast

08-06-2010 08:57 BJT

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Indonesia's economy grew at a faster than expected 6.2 percent in the second quarter, backed by strong exports, investment and consumer demand.

Southeast Asia's biggest economy has started to attract more interest from foreign direct investors this year. A flurry of investment announcements just this week suggests it may see far more commitments in the coming months. This has fueled market expectations of higher full-year growth, as well as increased price pressures.

Analysts had forecast annual GDP growth of the country would pick up to six percent, the highest since 6.25 percent in the third quarter of 2008.

Editor:Xiong Qu |Source: CNTV.CN

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