Kedutaan Besar Republik Indonesia
Ottawa
Embassy of the Republic of Indonesia
Ambassade de la RÉpublique d'Indonésie

RI Economy Grew 5.0-5.1 Percent

Indonesiaa��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 countrya��s new finance minister said on Thursday.

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

a�?The slowdown in China is more significant to us than normalization of the US,a�? 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.

Source : www.thejakartapost.com, Friday, 31 October 2014