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.
Economy
Indonesia's GDP grew 4.87% in Q1, slowest in more than three years
Analysts cut 2025 growth forecasts on tariff and job loss concerns
A market in Jakarta, Indonesia, during Ramadan in March. Ramadan typically brings increased spending to the world's most populous Muslim-majority nation, though this year it failed to provide much of a boost to the first-quarter economy. © AP
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