JAKARTA -- Indonesia's economy grew 4.87% in the January-March period, the slowest quarterly expansion in three and a half years, as concerns of U.S. tariffs, the budget deficit and unemployment loom large over the country's growth prospects for the rest of 2025.
Statistics Indonesia said on Monday that year-on-year expansion in the first three months of 2025 was slower than 5.02% in the October-December period and the 4.91% median forecast of economists polled recently by Reuters. It is the weakest quarterly expansion since the third quarter of 2021.
