Indonesia posts fastest economic growth in over a year

Indonesia's economy expanded at its fastest pace in more than a year in the third quarter, underpinned by improved investment and government spending, but economists warned of tougher times ahead.

Southeast Asia's largest economy grew 5.72% year-on-year, according to data from Statistics Indonesia. That was up from a 5.44% pace in the second quarter but below the 5.89%, Qazet.az reports according to Reuters poll of economists.

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Unadjusted for seasonal factors, gross domestic product (GDP) rose 1.81% from the previous three months, above the 1.62% increase forecast in the poll.