FILE PHOTO: A woman wears a protective mask in a shopping mall after Indonesia confirmed its first cases of coronavirus disease (COVID-19) in Jakarta, Indonesia March 5, 2020. REUTERS/Ajeng Dinar Ulfiana

February 7, 2022

JAKARTA (Reuters) – Indonesia’s economy grew 5.02% in the final quarter of 2021, slightly faster than expected, on the back of high commodity prices and the loosening of anti-virus curbs, data from the statistics bureau showed on Monday.

Analysts polled by Reuters had expected growth in Southeast Asia’s largest economy to accelerate to 4.90% in the October-December quarter from a year earlier, from 3.51% in the previous three months.

The economy grew 3.69% in 2021, compared with a 2.07% contraction the year before.

(Reporting by Gayatri Suroyo, Fransiska Nangoy and Stefanno Reinard Sulaiman; Editing by Sam Holmes)


Source: One America News Network

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