Economics

Indonesia’s Economic Growth Slows as Delta Disrupts Recovery

  • 3Q GDP grew 3.51% y/y, slowing from 2Q and below est. 3.88%
  • Impact from pandemic restrictions overpowered commodity surge
Photographer: Dimas Ardian/Bloomberg
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Indonesia’s economy decelerated in the third quarter as harsh lockdowns to contain a record spike in Covid-19 cases outweighed higher commodity prices and trade.