Indonesia sees Q4 2019 GDP growth at 5.06%

JAKARTA, Indonesia's economic growth

probably firmed slightly in the final quarter of last year to

5.06%, although consumption is likely to have stagnated and

public spending weakened, Finance Minister Sri Mulyani Indrawati

said on Tuesday.

The annual growth rate for Southeast Asia's largest economy

in the third quarter was 5.02%.

Full-year 2019 growth was seen at 5.05%, below the

government's target of 5.3%, Indrawati told a parliamentary

hearing. This year's GDP growth target is also 5.3%.

The official GDP data will be released next week.

Source: ASEAN Exchanges