Economics
Indonesia’s GDP Misses Estimates, Growing Least Since 2009
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Indonesia’s economic growth missed analysts’ estimates last quarter, weakening to the slowest pace since 2009 after interest-rate increases last year curbed investment and a mineral-ore ban hurt the mining industry.
Gross domestic product rose 5.21 percent in the three months ended March 31 from a year earlier, the Central Bureau of Statistics said in Jakarta today. That compared with a median estimate of 5.59 percent in a Bloomberg survey of 15 economists.