Southeast Asian Economies Show Mixed Q1 Performance
Indonesia reported its fastest first-quarter economic growth in three years, despite looming headwinds. In contrast, the Philippine economy experienced a slowdown to 2.8% in Q1, marking its weakest performance in five years.
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Indonesia posts fastest first-quarter growth in 3 years, but headwinds loom
Indonesia’s economy grew 5.6 per cent during the first quarter of 2026, its fastest pace in more than three years, but analysts warn that the coming months will pose significant tests for Southeast Asia’s biggest economy. Statistics body BPS attributed the growth to robust household consumption – which made up 54.36 per cent of gross domestic product and grew by 5.52 per cent year-on-year – and a surge in government spending. Amalia Adininggar Widyasanti, head of BPS and deputy minister for...
By Resty Woro Yuniar
Read full article →Philippine economy slows to 2.8% in Q1, weakest in 5 years
First-quarter GDP growth slowed to 2.8%, the weakest pace since the first quarter of 2021.
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