Indonesia economy grew more than 6 percent in 2010: BPS

Sun, 06 February 2011

The Jakarta Post

The Central Statistics Agency (BPS) said Sunday that the Indonesian economy grew more than 6 percent in 2010 thanks to growth of almost 7 percent in the last quarter of 2010.

“We are still finalizing the exact number, but it could reach more than 6 percent,” BPS chair Rusman Heriawan said, as quoted by tempointeraktif.com.

Ahmad Erani Yustika, an economist from the Institute for Development of Economics and Finance (INDEF), estimated Indonesia’s economy would grow by 6.2 percent this year.

Ahmad said the quick growth in the last quarter of last year would continue into early 2011 as long as the government could reap benefits from rising food and oil prices.