Pantheon Macroeconomics

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4th Feb 2025 10:06Emerging AsiaDaily Monitor

  • Indonesian GDP growth stayed at 5% in Q4, but we reckon in reality it was closer to the mid-4% range.
  • The unsustainable Q3 boost from stocks reversed, but this was offset by statistical discrepancies.
  • Government spending and exports were the real—tangible—bright spots, countering capex softness.

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Keywords for: 6 February 2025 Emerging Asia Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence