Indonesia Q3 GDP Growth at 5.04% y/y, Official Data Shows

MACROECONOMICS - JAKARTA. Indonesia's annual economic growth decelerated slightly to 5.04% in the third quarter, from 5.12% in the April-June quarter, official data showed on Wednesday.

A Reuters poll had expected growth of 5.00%.

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On a non-seasonally adjusted, quarter-on-quarter basis, gross domestic product growth eased to 1.43% in July-September, Statistics Indonesia said.

The third quarter included deadly anti-government protests across the country, starting in late August and running into September.

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The government launched a 24.44 trillion rupiah ($1.5 billion) stimulus package in June, and exports grew every month from July to September even as a 19% tariff on U.S. imports from Indonesia took effect in August.