Indonesia central bank sees GDP growth at low end of target
[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
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Trade, TikTok, Taiwan: Blinken faces tough talks in China
Australian inflation boosts case for higher-for-longer rates
The American small-business tyrant has a favourite political party
China’s prices are just too low for buyers to sweat about tariffs
Japan’s corporate service inflation perks up in March
New Zealand first-quarter imports fall amid sluggish economy