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Indonesia central bank sees GDP growth limited in Q2, rebound in Q3

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Growth in Indonesia's economy will remain limited in the second quarter but will rebound in the following three months, said central bank spokesman Tirta Segara on Tuesday.

[JAKARTA] Growth in Indonesia's economy will remain limited in the second quarter but will rebound in the following three months, said central bank spokesman Tirta Segara on Tuesday.

Southeast Asia's largest economy grew 4.7 per cent in the first quarter, its weakest level since 2009.

Earlier on Tuesday, Indonesia's central bank kept its benchmark interest rate unchanged at 7.50 per cent on Tuesday, saying the level was in line with its efforts to manage inflation targets for this year and 2016.

REUTERS