Indonesia Gross Domestic Product (QoQ) came in at -4.19% below forecasts (-3.49%) in 2Q

Aug 5, 2020

Indonesia Gross Domestic Product (YoY) below expectations (-4.61%) in 2Q: Actual (-5.32%)

USD/IDR Price News: Indonesian rupiah’s drops to lows after Indonesia’s Q2 GDP contracts 4.19%

According to the latest release from Statistics Indonesia, the Indonesian economy contracted 4.19% QoQ in Q2 2020 versus -3.49% forecast and -2.41% pr