Indonesia first-quarter GDP growth seen at slowest in 18 years, worse to come: Reuters poll
JAKARTA (Reuters) - Indonesia’s economic growth likely slowed to the weakest in 18 years in the first quarter, but there is probably worse to come during the rest of 2020 due to the impact of the coronavirus pandemic, a Reuters poll found.
The median forecast of 15 analysts in a Reuters poll was for Southeast Asia’s largest economy to expand 4.04% from a year earlier, compared with 4.97% in the previous quarter.
If the forecast is correct, it would by Indonesia’s slowest growth rate since the second quarter of 2002, based on the OECD data.