World Economy

Indonesia Growth Slows

Indonesia Growth SlowsIndonesia Growth Slows

Indonesia’s economy grew at its slowest pace for five years in the third quarter, official data showed Wednesday, underlining the challenge for new President Joko Widodo to get Southeast Asia’s top economy back on track, AFP reported. The G20 economy expanded 5.01% on-year in the three months to the end of September, down from 5.12% in the previous quarter, with demand for the country’s key commodities exports continuing to weaken. t was the slowest pace of expansion since the third quarter of 2009 and below economists’ forecasts of 5.1%.