Indonesia's economy stays on growth path in Q1 as price pressures loom


JAKARTA: An historic rise in commodity prices and reopening of the economy from COVID-19 curbs helped Indonesia stay on a recovery path in the first quarter, but analysts say headwinds are growing from global monetary tightening and the war in Ukraine.

Southeast Asia's largest economy grew 5.01% in January-March from a year earlier, a fourth straight quarter of expansion. That compared to 5.00% forecast by analysts in a Reuters poll and 5.02% growth in the October-December quarter.

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