Statistics Indonesia (BPS) revealed on Tuesday (5 August) that Gross Domestic Product (GDP) grew 5,12% yoy in the second quarter, beating the 4,8% market consensus. The figure marks a significant acceleration from 4.87% growth registered in the previous quarter and from 5.02% in last year’s second quarter. A GDP boost came from the consumer stimulus rolled out in the second quarter to increase consumer spending during the summer holiday period, including transportation discounts.