JAKARTA — Indonesia’s economy expanded 4.87% in the first three months of the year, lower than analyst forecasts, while concerns over U.S. tariffs, the budget deficit and unemployment loom large over the country’s growth prospects for the rest of 2025.
Statistics Indonesia said on Monday that year-on-year expansion in the Janu-March period was slower than 5.02% in the previous quarter. The median forecast of s polled recently by for first-quarter growth was 4.91%.
