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Events drive up economic growth in Q1: BPS

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Statistics Indonesia (BPS) has said that the implementation of national and international-scale events in Indonesia had a significant impact on economic growth in the first quarter (Q1) of 2023. “National and international activities, such as entertainment, sports, and government events, contributed to the gross domestic product (GDP) through several business fields,” the Deputy for Balance Sheets and Statistical Analysis at BPS, Edy Mahmud, informed in the “Release of Economic Growth for the First Quarter of 2023” in Jakarta on Friday.

These business sectors were transportation (event organizers and travel agents), accommodation and food and drink, and other services (entertainment and music), he said.—Antara

 

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