Indonesia Q1 GDP Growth of 4.87% y/y in Line With Expectations

ECONOMIC GROWTH - JAKARTA. Indonesia's economy grew 4.87% in the first quarter from a year earlier, official data showed on Monday, compared with a 4.91% growth rate expected by analysts in a Reuters poll.

On a non-seasonally adjusted, quarter-on-quarter basis, gross domestic product contracted 0.98%, Statistics Indonesia data showed.

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