India, Aug. 5 -- Indonesia's economic growth accelerated the most in two years in the second quarter driven by household spending and investment, official data showed Tuesday.
Gross domestic product expanded 5.12 percent year-on-year in the second quarter, following an annual growth of 4.87 percent seen in the first quarter. The latest expansion was the fastest since the second quarter of 2023.
On a quarterly basis, GDP rebounded 4.04 percent, reversing a fall of 0.98 percent in the first quarter.
The expenditure-side of GDP showed that household spending advanced 4.97 percent from the previous year, while government spending fell 0.33 percent. Gross fixed capital formation expanded 6.99 percent.
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