economist katrina ell explained what led the group. 50 katrina ell explained what led the grow-— katrinalained what led the rou, ., i. the group. so it was actually a number of _ the group. so it was actually a number of factors, _ the group. so it was actually a number of factors, we - the group. so it was actually a number of factors, we saw - number of factors, we saw domestic demand in indonesia held up a lot better than expect, in particular private consumption maintained its march quarter pace, which was surprising given that households had been grappling with still elevated inflation as well as borrowing costs being elevated, but we also saw that the government sector actually contributed a lot and part of that came on the back of the government actually exhilarating infrastructure spending and broader spending initiatives as well. but some of the expected weak spots were there, in particular goods exports. so commodity exports were weak, which is to be expected, but on the other flipside we saw service exports were strong and that a driver of that strong service exports was the r

katrina ell, senior economist with moody's analytics, she told me the political uncertainty is impactingiment. i think if we finally have some news on who the next leader will be that will revive activity a bit and will also help with external app as well. foreign investors have been watching this uncertain political situation so stability is good news. the brics group, made up of brazil, russia, india, china and south africa, are meeting injohannesburg for their summit of major emerging economies. 0ver a0 countries, including saudi arabia and iran want tojoin the group — as it's seen by some as an alternative to established western institutions. one hot topic is whether they can work together on alternatives to the us dollar in global trade along. archana shukla has more from mumbai. well, over the last years, brics has seen its influence and economic significance grow. it now accounts for over 17% of global trade. for india, the summit is crucial, both from its economic and security interests. now, russia is its largest arms supplier and now is also a key energy supplier. china continu

katrina ell, senior economist with moody's analytics, she told me the political uncertainty is impactingiment. i think if we finally have some news on who the next leader will be that will revive activity a bit and will also help with external app as well. foreign investors have been watching this uncertain political situation so stability is good news. considering the history, a new coalition that this could be vulnerable couldn't it? what are the biggest risks for tile and economy right now? in are the biggest risks for tile and economy right now? in the short term _ and economy right now? in the short term it — and economy right now? in the short term it is _ and economy right now? in the short term it is instability - short term it is instability from knowing the next leader, medium to long term is about the stability of the government, given its an amalgamation of several different people and groups and thatis different people and groups and that is a concern which comes at the challenging time for thailand's economy. their economy is likely to grow a bit stronger this year on the b

katrina ell, senior economist with moody's analytics, she told me the political uncertainty is impactingent. if economy is likely to grow stronger this year on the back of the improved international arrivals and services reviving but it is coming at a time, as well, when goods exports are really struggling and i think thatis really struggling and i think that is an important channel of impact for thailand's economy and it is an ongoing challenge for the economy at the moment. the brics group, made up of brazil, russia, india, china and south africa, are meeting injohannesburg for their summit of major emerging economies. one hot topic is whether they can work together on alternatives to the us dollar in global trade along. archana shukla has more from mumbai. well, over the last years, brics has seen its influence and economic significance grow. it now accounts for over i7% of global trade. for india, the summit is crucial, both from its economic and security interests. now, russia is its largest arms supplier and now is also a key energy supplier. china continues to be the second bigges

economist katrina ell explained what led indonesia's growth. actually a number of factors. we saw that domestic demand in indonesia held up a lot better than expected. in particular, private consumption maintained its march quarter pace, which was surprising given that households have been grappling with still elevated inflation, as well as borrowing costs being elevated. but we also saw that the government sector actually contributed a lot too. and part of that came on the back of the government actually accelerating infrastructure spending and broader spending initiatives as well. but some of the expected weak spots were there — in particular, goods exports, commodity exports, were weak, which was to be expected. but on the other flip side, we saw service exports were strong, and that driver of that strong service exports was the return of international tourism, because we're seeing that, you know, international arrivals, including from china, are increasingly coming back to indonesia, which is an important source of growth, particularly prio