Indonesia's economy expanded by 5.12% year-on-year in the second quarter of 2025, marking the fastest growth in two years and surpassing market expectations. This growth rate outpaced those of neighboring countries such as Malaysia, Singapore, and Thailand. The stronger-than-expected GDP growth has eased some pressure on policymakers amid ongoing global uncertainties and tariff challenges. Indonesian stocks have also responded positively, nearing all-time highs driven by robust domestic demand, which has helped offset substantial foreign capital outflows. However, some economists and business leaders have expressed skepticism about the reported figures, citing discrepancies between official data and on-the-ground economic conditions. Senior economist Fithra Faisal noted that while the growth indicates an increase in consumer spending, overall purchasing power has not fully recovered. Concerns remain among businesses and the public regarding the real state of the economy despite the positive macroeconomic indicators.