You are here

Indonesia central bank sees GDP growth at low end of target

RupiahOffices140415.jpg
Indonesia's central bank said on Tuesday it expected gross domestic product growth this year at the lower end of its target of between 5.4 and 5.8 per cent.

[JAKARTA] Indonesia's central bank said on Tuesday it expected gross domestic product growth this year at the lower end of its target of between 5.4 and 5.8 per cent.

Indonesia's GDP expanded 5.02 per cent for the full year in 2014, and the economy grew a slightly better than forecast 5.01 per cent in the fourth quarter from the same period a year earlier.

The central bank also said it expected a trade surplus in March.

A Reuters poll of analysts forecast a trade surplus of US$620 million, the fourth straight month of surplus. The bureau of statistics will release March trade data on Wednesday.

REUTERS

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom