Indonesian economy grows for first time in five quarters

JAKARTA, Indonesia (AFP) — Indonesia’s economy bounced back in the second quarter to post its first growth in more than a year, but analysts warned the recovery might be short-lived as Covid-19 surges. Southeast Asia’s largest economy grew by 7.07 percent in the April-to-June quarter compared with the same period last year, the Central Statistics Agency (BPS) said Thursday. The figure is higher than a projection by the Central Bank of Indonesia, which predicted growth […]