Governor of Bank Indonesia (BI) Perry Warjiyo speaks during the Announcement of the Results of the June 2024 BI Board of Governors Meeting in Jakarta, Thursday (20/6/2024). ANTARA/Martha Herlinawati Simanjuntak

Jakarta (ANTARA) - Bank Indonesia (BI) said Indonesia's economic growth remains strong amid global uncertainty, supported by the policy mix of Bank Indonesia and the government.

"Private consumption grew well along with maintained purchasing power and strong consumer confidence," BI Governor Perry Warjiyo said in the Announcement of the Results of the June 2024 BI Board of Governors Meeting here on Thursday.

In addition, Perry said investment increased, both building and non-building investment, in line with the continuation of government infrastructure projects and improved private investment.

Increased domestic demand in the second quarter of 2024 was reflected in the positive performance of a number of household consumption and investment indicators, such as the Consumer Confidence Index, Real Sales Index, and Manufacturing Purchasing Managers' Index (PMI).

Furthermore, goods exports increased driven by an increase in mining and manufacturing exports to major trading partners, such as China and India. Services exports also improved on the back of economic recovery in the countries of origin of foreign tourists.

(SOURCE)