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BPS Announces Q2 Economic Growth at 5.01%

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7 August 2017 15:30 WIB

Central Statistics Agency (BPS) head Suhariyanto (center). TEMPO/Destrianita.

TEMPO.CO, Jakarta - The Central Statistics Agency (BPS) noted that Indonesia's economic growth in the second quarter of 2017 reached 5.01 percent (year on year).

"This is exactly the same as Indonesia's economic growth in the first quarter of 2017," BPS chief Suhariyanto said in Jakarta, Monday, August 7.

Read: Indonesia`s Economy Grows 5.01 Percent in Q1 2017

In terms of production, growth was driven by almost all business fields, with the highest growth achieved by the IT sector with 10.88 percent. On the expenditure side, the highest growth was attained by non-profit consumption spending serving households, with 8.49 percent.

Read: BPS : Inflation in May Stands at 0.39 Percent

Suhariyanto said Indonesia's spatial economic structure in the second quarter was still dominated by provinces in Java Island with the largest gross domestic product (GDP) contribution of 58.65 percent, followed by Sumatra with 21.69 percent contribution to the GDP.

According to Suhariyanto, this growth rate is a rather excellent achievement considering global uncertainties and the decline in commodity prices.

GHOIDA RAHMAH



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