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Indonesia's recovery hopes intact despite dismal Q1
Economy grows by lower-than-expected 4.92% in Q1, but economists still expect over 5% growth in 2016
Add BT as a preferred sourcePublished Wed, May 4, 2016 · 09:50 PM
Jakarta
INDONESIA reported lower-than-expected growth in the first quarter, but many economists still expect enough of a rebound this year for the country to avoid further slowing and grow more than 5 per cent in 2016.
The statistics bureau said on Wednesday that South-east Asia's largest economy expanded an annual 4.92 per cent in the January-March quarter, below the median 5.05 per cent in a Reuters poll and the October-December pace of 5.04 per cent.
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