Covid-19: Indonesia’s economic growth slows amid outbreakBloombergIndonesia’s economy decelerated in the third quarter as harsh lockdowns to contain a record spike in COVID-19 cases outweighed higher commodity prices and trade. That below the median estimate of 3.88 percent in a Bloomberg survey of economists and the government’s projection of 4.5 percent. People work in a tofu production facility in Jakarta, Indonesia, yesterday. Meanwhile, the global economic recovery improved, including in trade partner countries, while commodity prices rose, he said. Exports in the third quarter rose 51 percent from a year ago to US$61.4 billion, the statistics office said, while imports rose 47 percent to US$48.2 billion.

Source: Taipei Times November 06, 2021 00:04 UTC