Indonesia says economy grew 6.23% in 2012
JAKARTA, Indonesia (UPDATED) - Indonesia said on Tuesday, February 5, that Southeast Asia's biggest economy grew 6.23% in 2012, supported by strong private consumption and investment.
The Central Statistics Agency added that in the three months to the end of December growth came in at 6.11% year on year.
However, statistics office chief, Suryamin, who goes by one name, told reporters: "This growth is below expectations due to the ongoing global crisis and because of (Indonesia's) trade deficit."
The full year figure fell short of government forecasts of 6.5% growth and the central bank's estimate of 6.3%.
The economy grew 6.5% in 2011 and 6.1% in 2010. - Rappler.com
In these changing times, courage and clarity become even more important.
Take discussions to the next level with Rappler PLUS — your platform for deeper insights, closer collaboration, and meaningful action.
Sign up today and access exclusive content, events, and workshops curated especially for those who crave clarity and collaboration in an intelligent, action-oriented community.
As a bonus, we’re also giving a free 1-year Booky Prime membership for the next 200 subscribers.
You can also support Rappler without a PLUS membership. Help us stay free and independent by making a donation: https://www.rappler.com/crowdfunding. Every contribution counts.