Indonesia Gross Domestic Product (YoY) came in at 2.97%, below expectations (4.04%) in 1Q

May 5, 2020

Indonesia Gross Domestic Product (QoQ) below expectations (-1.27%) in 1Q: Actual (-2.41%)

USD/IDR: Rupiah’s recovery mode intact even as Indonesia’s Q1 GDP contracts 2.41%

According to the latest release from Statistics Indonesia, the Indonesian economy contracted 2.41% QoQ in Q1 2020 versus -1.27% forecast and -1.74% pr