Fueled by strong domestic purchasing power and booming exports, Indonesia’s GDP continue to outpace the previous year with 5.31% YoY growth, similar to the World Bank and IMF’s forecasts at 5.2% and 5.3% respectively. However, commodity prices’ bleak prediction and an expected economic downturn still casts an uncertain future in 2023.
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In January 2023 Asia Perspective was acquired by global financial services company ARC Group and was renamed as ARC Consulting. This is an archived article preserving reports from Asia Perspective’s history. For the latest news from ARC Group and ARC Consulting, visit our News & Insights page.
