Michelle Natalia
Indonesia's economy cumulatively, to the third quarter of 2023 grew by 5.05 percent (c-to-c). On the production side, Transportaion and Storage experience the highest growth at 15.30 percent. Meanwhile, from the expenditure side, the highest growth occurred in the NPISHs FCE component at 7.01 percent.
Spatially, the Indonesian economy in the third quarter of 2023 experienced slowing growth in almost all provinces (y-on-y), in which the group of provinces on Jawa Island became the largest contributor to the economy with a contribution of 57.12 percent and an economic growth rate of 4.83 percent (y-on-y). (WHY)
