Indonesia household spending steady in Q4, investment to grow – Finance Minister

JAKARTA (Reuters) – Indonesian household spending is likely to remain stable in the fourth quarter while investment is likely to pick up, Finance Minister Sri Mulyani Indrawati said on Thursday.

Sri Mulyani told a news conference that for the 2022 as a whole, the GDP is expected to grow between 5% and 5.3%. Indonesia had a growth rate of 3.7%.