Indonesia's Growth Surprise: Can the Momentum Last?

Indonesia’s economy expanded 5.61% in the first quarter, its fastest pace in more than three years and well ahead of market expectations, boosted by government spending, household consumption and investment into downstream industries. But beneath the headline growth, cracks remain. The rupiah is still under pressure, consumers appear cautious, and concerns are growing over whether fiscal-driven momentum can be sustained. We unpack Indonesia’s economic outlook and the challenges ahead with Enrico Tanuwidjaja, ASEAN Economist for UOB Group.Image Credit: ShutterstockSee omnystudio.com/listener for privacy information.