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NewsTranscript
00:00 Indonesia's statistic announced that Indonesia's economic growth in the first quarter of 2024
00:06 reached 5.11%, which is 0.07% points higher than 5.04% growth in the first quarter growth
00:18 of 2023.
00:19 Indonesia's economic growth was supported by strong domestic economic activities, including
00:25 those in production, public mobility, investment, strong purchasing power, and economic policy.
00:31 Most of the business sectors grew positively and processing industries contributed the
00:36 most to Indonesia's GDP growth with 0.86% contribution to total growth.
00:43 All expenditure components grew positively in the first quarter, and household consumption
00:47 still contributed the most to Indonesia's GDP growth.
00:53 All provinces in Indonesia experienced economic growth mainly in eastern regions due to downstreaming
00:58 industry and IKAN development.
01:00 However, the Java island still maintained the highest distribution of GDP at 57.7%.
01:07 The main contributors to the economic growth in the first quarter of 2024 in production
01:25 were processing, construction, mining, and trading industries.
01:28 This is in line with the strong increase in production activities to meet the demand
01:35 both in domestic and foreign markets.
01:39 the world.
01:40 Thank you.
01:40 [Music]