JAKARTA, Nov 6 (NNN-ANTARA) – Indonesia’s economy, grew at a slower rate of 4.95 percent year-on-year, in the third quarter of this year, down from the 5.05 percent growth, recorded in the second quarter, Statistics Indonesia (BPS) announced, yesterday.
Acting head of BPS, Amalia Adininggar Widyasanti, said in Jakarta that, the third-quarter growth was largely influenced by the gross domestic product (GDP) at current prices, which reached 5,638.9 trillion rupiahs (357.5 million U.S. dollars), and GDP at constant prices, which totalled 3,279.6 trillion rupiahs (207.9 million U.S. dollars).
“The main contributors to economic growth in the third quarter were the manufacturing industry, agricultural sector, trade, and mining,” she noted, during a press conference.
In terms of expenditure, household consumption remained a major driver of economic growth, rising 4.91 percent year-on-year, and contributing 53.08 percent to GDP, she added.
“This indicates that the level of public consumption is still maintainable,” she said.– NNN-ANTARA
