Indonesia’s finmin revises down 2019 growth outlook to 5.08% year on year By Reuters

Indonesia's finmin revises down 2019 growth outlook to 5.08% year on year By Reuters

JAKARTA (Reuters) – Indonesia’s finance minister Sri Mulyani Indrawati in a parliamentary hearing on Thursday revised down the country’s economic growth outlook for 2019 to 5.08% from 5.2% previously.

Indrawati told parliament that GDP was expected to be weaker due to slower consumption while uncertain global economic conditions may also pressure trade and investment.

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