Indonesia Likely to Post Steady 1Q GDP Growth, WSJ Poll Shows -- Market Talk

Dow Jones05-04 15:44

0744 GMT - Indonesia's economy likely grew 5.35% on year in 1Q, according to the median estimate of six economists polled by The Wall Street Journal. That compares with 5.39% growth posted in 4Q 2025. Economic growth for 1Q is expected to have held steady, with private consumption remaining subdued amid weak consumer sentiment, geopolitical uncertainties and a softer labor market, Nomura economist Si Ying Toh says in a note. This is likely to be partly offset by stronger government spending, supported by earlier social aid disbursements and a low base, while investment growth is expected to improve on higher public sector capital spending, she adds. The GDP data is due Tuesday. (yingxian.wong@wsj.com)

(END) Dow Jones Newswires

May 04, 2026 03:44 ET (07:44 GMT)

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