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In another article in this report we discuss the remarkable discrepancy between the strong (official) gross domestic product (GDP) growth rate of 5.12 percent year-on-year (y/y) in Q2-2025 and Indonesia’s somewhat lackluster macroeconomic data in that same quarter. This discrepancy not only surprised many, but it also made many a bit suspicious about the accuracy of the Q2-2025 GDP data that were released by the Statistical Agency of Indonesia (Badan Pusat Statistik, BPS).
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Since his return into the White House, US President Donald Trump has made a series of decisions and expressed a number of threats that have the potential for disrupting Indonesia’s trade performance, and thus undermining Indonesia’s economic growth.
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In recent months, we have been reading quite some reports (in Indonesian media) about layoffs occurring in various domestic industries, which is a development that seems to be in line with the slowing economic growth trajectory of Indonesia.
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Let’s simply put it this way to start: we spend a currency to purchase things in daily life, whereas when it comes to commodities, we treat them as valuable goods, sometimes even as investment assets. But when it comes to cryptocurrencies, things get very interesting, because although they are currencies in nature, they may have a different perception.
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The views expressed in these business columns are the views of the authors or the interviewed persons only and therefore do not necessarily reflect the views of Indonesia Investments. The authors are free to ventilate their opinions about the Indonesian business climate. Facts presented in these columns are the result of the author's own research or indicated sources, read disclaimer.
