Indonesia's economy expanded at a slower annual pace of 4.4% in the first quarter, compared with a 5.2% growth seen in the fourth quarter, the statistical office reported Friday. However, the growth was better than 4.2% increase economists had forecast.
From the fourth quarter, the economy expanded 1.6% in the first quarter.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.