Indonesia's Q1 GDP Growth Weakest since 2001, Recession Looms

From

6 May 2020 11:06 WIB

A vendor serves consumers while choosing fish amid the coronavirus disease (COVID-19) outbreak in Jakarta, Indonesia, May 5, 2020. Indonesia's economy grew at its weakest pace since 2001 in the first quarter, as the coronavirus pandemic halted business activity in Southeast Asia's largest economy and fuelled expectations of a looming recession. REUTERS/Ajeng Dinar Ulfiana

6 Mei 2020 00:00 WIB

Vegetable vendor Endih, 45, checks a mobile phone to look at a customer's shopping list at a traditional market amid coronavirus disease (COVID-19) outbreak in Jakarta, Indonesia, April 20, 2020. Picture taken April 20, 2020. The coronavirus crisis has hit consumption - the main driver of the economy - investment and vital commodity exports, although Indonesia's growth pace was still higher than some countries in the region. REUTERS/Ajeng Dinar Ulfiana

6 Mei 2020 00:00 WIB

Women wearing protective face masks as a preventive measure against the coronavirus disease (COVID-19) walk at a traditional market in Jakarta, Indonesia, May 5, 2020. Gross domestic product in January-March expanded a slower-than-expected 2.97% from a year earlier, the weakest pace since the first quarter of 2001, statistics bureau data showed, and down from the previous quarter's 4.97%. REUTERS/Ajeng Dinar Ulfiana

6 Mei 2020 00:00 WIB

Vegetable vendor Endih, 45, serves a customer amid the coronavirus disease (COVID-19) outbreak at a traditional market in Jakarta, Indonesia April 20, 2020. Picture taken April 20, 2020. Indonesia's economy grew at its weakest pace since 2001 in the first quarter, as the coronavirus pandemic halted business activity in Southeast Asia's largest economy and fuelled expectations of a looming recession. REUTERS/Ajeng Dinar Ulfiana

6 Mei 2020 00:00 WIB

Vegetable vendor Endih, 45, counts money amid the coronavirus disease (COVID-19) outbreak at a traditional market in Jakarta, Indonesia April 20, 2020. Picture taken April 20, 2020. The coronavirus crisis has hit consumption - the main driver of the economy - investment and vital commodity exports, although Indonesia's growth pace was still higher than some countries in the region. REUTERS/Ajeng Dinar Ulfiana

6 Mei 2020 00:00 WIB

general view of atraditional market is pictured during the coronavirus disease (COVID-19) outbreak in Jakarta, Indonesia, May 5, 2020. Gross domestic product in January-March expanded a slower-than-expected 2.97% from a year earlier, the weakest pace since the first quarter of 2001, statistics bureau data showed, and down from the previous quarter's 4.97%. REUTERS/Ajeng Dinar Ulfiana

6 Mei 2020 00:00 WIB