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Indonesia records 5.01% growth in Q1 on higher prices of commodities

Saturday, May 6, 2017 - 05:50

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The recovery in prices of some of Indonesia's main commodities, such as palm oil (left) and coal, helped economic growth pick up to 5.02 per cent last year, from 4.79 per cent in 2015.

Jakarta

INDONESIA'S economic growth picked up a touch in the first quarter on firmer export prices of some commodities and stronger demand in major trading partners, though analysts were split on how far this momentum will carry through to the rest of the year.

South-east Asia's

sentifi.com

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