Indonesia posts 5.61% GDP growth in first quarter, buoyed by Eid spending
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Source: Nikkei Asia
Published: 2026-05-05 14:28 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Religion, Economy & Finance, Tax & Budget, Business & Economy, Asia Pacific
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Snippet:
Millions of Indonesian Muslims traveled to their hometowns for Eid al-Fitr, which fell in late March this year. Increased household spending during the holiday helped the economy grow 5.61% on an annualized basis in the first quarter of 2026. © Reuters
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