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Indonesia's economic risk persists as growth slides further

Published Wed, Aug 5, 2015 · 09:50 PM

Jakarta

INDONESIA'S growth slowed for a second straight quarter, underlining the challenge for President Joko Widodo as he struggles to revitalise an economy expanding at the weakest pace since 2009.

Gross domestic product (GDP) rose 4.67 per cent in the three months ended June 30 from a year earlier, from a revised 4.72 per cent the previous quarter, the statistics bureau said in Jakarta on Wednesday. That compares with the median estimate of 4.64 per cent in a Bloomberg survey of 21 economists.

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