Asian Economic News

Indonesia's GDP Growth Slows In Q1

Indonesia's economic growth slowed to 6.02 percent on a yearly basis in the first quarter, Statistics Indonesia reported Monday.

The growth figure was below the consensus forecast of 6.12 percent and the 6.11 percent growth registered in the previous quarter.

Gross domestic product was up 1.41 percent from a quarter ago, which was also weaker-than the 1.52 percent expansion forecast by economists.

by RTTNews Staff Writer

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