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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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.