Indonesia's central bank expects growth at 5.4 pct in Q4

Source: Xinhua| 2017-10-20 19:15:38|Editor: Zhou Xin
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JAKARTA, Oct. 20 (Xinhua) -- Indonesian central bank Bank Indonesia (BI) estimated that the nation's growth may soar between 5.3 to 5.4 percent in the last quarter, leading annual growth to between 5.0 to 5.4 percent this year.

BI Senior Deputy Governor Mirza Adityaswara said the improving growth would be seen in the last two quarters this year on the back of the recovering retail sector.

Increasing public consumption was also highly expected following a more-intensive government's spending in the last quarter this year.

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