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RI economy grew 5.0-5.1 percent

Indonesia’s economy grew between 5

The Jakarta Post
Jakarta
Fri, October 31, 2014

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RI economy grew 5.0-5.1 percent

I

ndonesia'€™s economy grew between 5.0-5.1 percent in the third quarter from a year earlier, and the September trade balance was expected to show a small deficit, the country'€™s new finance minister said on Thursday.

Finance Minister Bambang Brodjonegoro told Reuters that exports had been hit by falling prices rather than volumes.

'€œThe slowdown in China is more significant to us than normalization of the US,'€ he said.

The central bank has said it expects growth this year in the range of 5.1 to 5.5 percent, with third quarter growth at 5.2 percent.

 

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