KONTAN.CO.ID - JAKARTA. Indonesia's economy grew more quickly than expected in 2018's fourth quarter and full-year growth was the fastest since 2013, government data showed on Wednesday. Southeast Asia's largest economy grew 5.18 percent in October-December from a year earlier, the statistics bureau said, compared with 5.11 percent forecast in a Reuters poll and the 5.17 percent rate in the previous three months. On a quarterly, non-seasonally adjusted basis, gross domestic product (GDP) contracted 1.69 percent, following a usual pattern of shrinkage in the fourth quarter.
Indonesia's GDP growth in Q4 slightly better than expectations
KONTAN.CO.ID - JAKARTA. Indonesia's economy grew more quickly than expected in 2018's fourth quarter and full-year growth was the fastest since 2013, government data showed on Wednesday. Southeast Asia's largest economy grew 5.18 percent in October-December from a year earlier, the statistics bureau said, compared with 5.11 percent forecast in a Reuters poll and the 5.17 percent rate in the previous three months. On a quarterly, non-seasonally adjusted basis, gross domestic product (GDP) contracted 1.69 percent, following a usual pattern of shrinkage in the fourth quarter.