JAKARTA: Indonesia’s growth rate was slower than forecast in the first quarter of 2016, official data showed on Wednesday, in a blow to President Joko Widodo’s efforts to boost Southeast Asia’s top economy.
The G20 economy grew 4.92 percent year-on-year from January to March, the official statistics agency said. This was slightly below economists’ forecasts and compared to 5.04 percent in the final quarter of 2015.
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